Carindale Property Trust Dividends and Buybacks
Dividend criteria checks 3/6
Carindale Property Trust is a dividend paying company with a current yield of 5.83% that is well covered by earnings.
Key information
5.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.271 |
| Payout ratio | 20% |
Recent dividend and buyback updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CDP) | 5.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Retail REITs) | 5.5% |
| Analyst forecast (CDP) (up to 3 years) | 6.8% |
Notable Dividend: CDP's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CDP's dividend (5.83%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.2%), CDP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83%), CDP's dividend payments are covered by cash flows.