Centuria Office REIT Dividend
Dividend criteria checks 3/6
Centuria Office REIT is a dividend paying company with a current yield of 9.96% that is well covered by earnings.
Key information
10.0%
Dividend yield
94%
Payout ratio
| Industry average yield | 8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -AU$0.29 |
| Dividend yield forecast in 3Y | 9.9% |
Recent dividend updates
Recent updates
The Independent Non-Executive Chairman of Centuria Property Funds Limited of Centuria Office REIT (ASX:COF), Peter Done, Just Bought 33% More Shares
Feb 13
What Type Of Shareholders Own The Most Number of Centuria Office REIT (ASX:COF) Shares?
Jan 01Do Its Financials Have Any Role To Play In Driving Centuria Office REIT's (ASX:COF) Stock Up Recently?
Nov 27
Reflecting on Centuria Office REIT's (ASX:COF) Share Price Returns Over The Last Year
Jul 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COF has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Centuria Office REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COF) | 10.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Office REITs) | 8.2% |
| Analyst forecast in 3 Years (COF) | 9.9% |
Notable Dividend: COF's dividend (9.96%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: COF's dividend (9.96%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (94%), COF's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104%), COF's dividend payments are not well covered by cash flows.