HomeCo Daily Needs REIT Dividend
Dividend criteria checks 3/6
HomeCo Daily Needs REIT is a dividend paying company with a current yield of 6.78% that is well covered by earnings.
Key information
6.8%
Dividend yield
93%
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$0.0019 |
Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HDN's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
HomeCo Daily Needs REIT Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (HDN) | 6.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Retail REITs) | 5.7% |
Analyst forecast in 3 Years (HDN) | 7.1% |
Notable Dividend: HDN's dividend (6.78%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: HDN's dividend (6.78%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (93.2%), HDN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.7%), HDN's dividend payments are not well covered by cash flows.