《大行報告》大摩料領展(00823.HK)中期每基金單位分派按年減少7.6% 上市以來首次下跌
摩根士丹利表報告表示,預期領展(00823.HK)截至今年9月底止中期每基金單位分派將按年下跌7.6%至1.31元,為自公司於2005年上市以來首次股息下跌,主因向香港零售租戶提供的租金優惠而帶來的一次性影響,相信領展會維持股息派發比率100%且料派0.07元特別股息。
該行認為,由於本港零售市場持續疲弱,預計領展將繼續面臨租金壓力。但以其2021及2022年度預測股息收益率分別為4.4%及4.9%,估值處合理水平,故維持其「與大市同步」評級,目標價為70元。
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