New African Properties Dividend
What is New African Properties's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
8.48%
Current Dividend Yield
Dividend Yield vs Market
| New African Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAP) | 8.5% |
| Market Bottom 25% (BW) | 6.2% |
| Market Top 25% (BW) | 8.5% |
| Industry Average (Real Estate) | 7.1% |
| Analyst forecast in 3 Years (NAP) | n/a |
Notable Dividend: NAP's dividend (8.48%) is higher than the bottom 25% of dividend payers in the BW market (6.25%).
High Dividend: NAP's dividend (8.48%) is low compared to the top 25% of dividend payers in the BW market (8.48%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/22/2023 | 0.29 | 8.48 |
| 10/31/2022 | 0.29 | 8.49 |
| 11/4/2021 | 0.27 | 8.25 |
| 10/29/2021 | 0.27 | 8.39 |
| 11/13/2020 | 0.26 | 7.9 |
| 10/29/2020 | 0.26 | 7.98 |
| 11/21/2019 | 0.26 | 8.18 |
| 10/30/2019 | 0.26 | 8.17 |
| 4/16/2019 | 0.25 | 7.76 |
| 11/13/2018 | 0.25 | 7.59 |
| 10/31/2018 | 0.25 | 7.58 |
| 4/27/2018 | 0.24 | 7.62 |
| 11/8/2017 | 0.23 | 7.18 |
| 10/30/2017 | 0.23 | 7.14 |
| 4/13/2017 | 0.22 | 6.99 |
| 11/11/2016 | 0.22 | 7.18 |
| 10/28/2016 | 0.22 | 7.33 |
| 4/15/2016 | 0.2 | 7.07 |
| 7/14/2015 | 0.2 | 7.66 |
| 4/24/2015 | 0.19 | 8.19 |
| 7/18/2014 | 0.18 | 8.48 |
| 4/11/2014 | 0.18 | 8.58 |
| 7/26/2013 | 0.17 | 7.72 |
| 4/26/2013 | 0.17 | 7.66 |
| 11/30/2012 | 0.15 | 6.79 |
| 4/27/2012 | 0.14 | 6.5 |
Stable Dividend: NAP's dividends per share have been stable in the past 10 years.
Growing Dividend: NAP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.8%), NAP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.6%), NAP's dividend payments are not well covered by cash flows.