New African Properties is a dividend paying company with a current yield of 8.2% that is well covered by earnings. Next payment date is on 9th October, 2024 with an ex-dividend date of 25th September, 2024.
Key information
8.2%
Dividend yield
87%
Payout ratio
Industry average yield
6.6%
Next dividend pay date
09 Oct 24
Ex dividend date
25 Sep 24
Dividend per share
P0.318
Earnings per share
P0.37
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAP-EQU's dividends per share have been stable in the past 10 years.
Growing Dividend: NAP-EQU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
New African Properties Dividend Yield vs Market
How does NAP-EQU dividend yield compare to the market?
Segment
Dividend Yield
Company (NAP-EQU)
8.2%
Market Bottom 25% (BW)
4.8%
Market Top 25% (BW)
8.2%
Industry Average (Real Estate)
6.6%
Analyst forecast in 3 Years (NAP-EQU)
n/a
Notable Dividend: NAP-EQU's dividend (8.2%) is higher than the bottom 25% of dividend payers in the BW market (4.85%).
High Dividend: NAP-EQU's dividend (8.2%) is in the top 25% of dividend payers in the BW market (8.2%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.5%), NAP-EQU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (99.3%), NAP-EQU's dividend payments are not well covered by cash flows.