Sector Outlook: Property

We take a look at the financial data for five of the most popular listed Property stocks in PSE - DoubleDragon Properties (DD), Ayala Land, Inc (ALI), Megaworld Corporation (MEG), Vista Land & Lifescapes (VLL) and Century Properties Group (CPG).

Balance Sheet

As expected, ALI holds the largest assets for this group, as it is almost twice as big as its next competition, MEG. What was really glaring here is how small the other companies are.

Income Statement

Dividend Play on TEL

Philippine Long Distance Telephone Company recently announced a 62Php regular dividend with ex-date on March 13, 2014. As if that isn't enough, the telco giant also declared a 54Php special dividend. At TEL's current price of 2800 per share, an investor will have dividend returns of 4%!. If you have remaining cash lying I'm mark TEL as a priority BUY. IIF you really don't want the stock you can just dispose of it by March 13 and you'll still be entitled for the dividend! That's a safe way to earn 4% in a few days if you ask me.

The payment date of the Dividend is April 16.