New African Properties Dividend
Dividend criteria checks 5/6
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 |
|---|
| 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.