DBS Group: CLP Holdings (00002) announces dividend with sustainable rating "Buy" target price of 74.9 Hong Kong dollars.

21/07/2025

The report states that, based on current valuations, it can provide investors with a significant dividend yield of approximately 4.8%.

DBS Bank released a research report stating that the stable cash flow from CLP Holdings' Hong Kong business ensures sustainable dividends. The group is expanding its renewable energy portfolio in Mainland China, focusing on industrial and technology parks. The report indicates that the performance of CLP Australia is improving and the expected stable cash flow from the Hong Kong business will support a gradual and stable dividend policy. Based on current valuations, investors can expect a substantial dividend yield of around 4.8%. Due to its robust and highly sustainable earnings per share, the stock maintains a "buy" rating with a target price of HK$74.9.

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