Elanor Commercial Property Fund Dividend
Dividend criteria checks 4/6
Elanor Commercial Property Fund is a dividend paying company with a current yield of 12.23% that is well covered by earnings.
Key information
12.2%
Dividend yield
58%
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$0.094 |
| Dividend yield forecast in 3Y | 8.7% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ECF has been paying a dividend for less than 10 years.
Growing Dividend: ECF's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Elanor Commercial Property Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ECF) | 12.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Office REITs) | 8.2% |
| Analyst forecast in 3 Years (ECF) | 8.7% |
Notable Dividend: ECF's dividend (12.23%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: ECF's dividend (12.23%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), ECF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (92.7%), ECF's dividend payments are covered by cash flows.