Vicinity Centres Dividend
What is Vicinity Centres's current dividend yield, its reliability and sustainability?
[object Object] Score3/6
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Vicinity Centres Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.6%|
|Market Top 25% (AU)||6.9%|
|Industry Average (REITs)||4.6%|
|Analyst forecast in 3 Years (VCX)||5.8%|
Notable Dividend: VCX's dividend (5.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: VCX's dividend (5.21%) is low compared to the top 25% of dividend payers in the Australian market (6.9%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: VCX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VCX has only been paying a dividend for 7 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86%), VCX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.5%), VCX's dividend payments are covered by cash flows.