Vicinity Centres Dividend
Dividend criteria checks 4/6
Vicinity Centres is a dividend paying company with a current yield of 6.51% that is well covered by earnings.
Key information
6.5%
Dividend yield
81%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.07 |
Dividend yield forecast in 3Y | 6.5% |
Stability and Growth of Payments
Fetching dividends data
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 9 years, and since then payments have fallen.
Dividend Yield vs Market
Vicinity Centres Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VCX) | 6.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Retail REITs) | 5.8% |
Analyst forecast in 3 Years (VCX) | 6.5% |
Notable Dividend: VCX's dividend (6.51%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: VCX's dividend (6.51%) 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 (81.2%), VCX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.7%), VCX's dividend payments are covered by cash flows.