Elanor Commercial Property Fund Dividend
Dividend criteria checks 4/6
Elanor Commercial Property Fund is a dividend paying company with a current yield of 11.89% that is well covered by earnings.
Key information
11.9%
Dividend yield
58%
Payout ratio
Industry average yield | 8.3% |
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 | 8.9% |
Recent dividend updates
Recent 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 |
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Segment | Dividend Yield |
---|---|
Company (ECF) | 11.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Office REITs) | 8.3% |
Analyst forecast in 3 Years (ECF) | 8.9% |
Notable Dividend: ECF's dividend (11.89%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: ECF's dividend (11.89%) is in the top 25% of dividend payers in the Australian market (6.29%)
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.