Carindale Property Trust Dividend
Dividend criteria checks 3/6
Carindale Property Trust is a dividend paying company with a current yield of 6.23% that is well covered by earnings.
Key information
6.2%
Dividend yield
20%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -AU$0.0084 |
Dividend yield forecast in 3Y | 6.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDP's dividend payments have been volatile in the past 10 years.
Growing Dividend: CDP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Carindale Property Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CDP) | 6.2% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Retail REITs) | 5.7% |
Analyst forecast in 3 Years (CDP) | 6.9% |
Notable Dividend: CDP's dividend (6.23%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: CDP's dividend (6.23%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), CDP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.3%), CDP's dividend payments are covered by cash flows.