Far Property Dividend
Dividend criteria checks 3/6
Far Property is a dividend paying company with a current yield of 6.89% that is well covered by earnings. Next payment date is on 11th November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
6.9%
Dividend yield
37%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 11 Nov 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | P0.124 |
| Earnings per share | P0.34 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FPC-EQU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FPC-EQU's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Far Property Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FPC-EQU) | 6.9% |
| Market Bottom 25% (BW) | 4.5% |
| Market Top 25% (BW) | 9.0% |
| Industry Average (Real Estate) | 6.5% |
| Analyst forecast (FPC-EQU) (up to 3 years) | n/a |
Notable Dividend: FPC-EQU's dividend (6.89%) is higher than the bottom 25% of dividend payers in the BW market (4.51%).
High Dividend: FPC-EQU's dividend (6.89%) is low compared to the top 25% of dividend payers in the BW market (8.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), FPC-EQU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.3%), FPC-EQU's dividend payments are covered by cash flows.