Waypoint REIT Dividend
Dividend criteria checks 4/6
Waypoint REIT is a dividend paying company with a current yield of 6.62% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
6.6%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 4.4% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | AU$0.165 |
| Payout ratio | 100% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WPR has been paying a dividend for less than 10 years.
Growing Dividend: WPR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Waypoint REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WPR) | 6.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Retail REITs) | 5.5% |
| Analyst forecast (WPR) (up to 3 years) | 6.8% |
Notable Dividend: WPR's dividend (6.62%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: WPR's dividend (6.62%) is in the top 25% of dividend payers in the Australian market (6.08%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (99.8%), WPR's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (99.9%), WPR's dividend payments are covered by cash flows.