Vicinity Centres Dividend
Dividend criteria checks 4/6
Vicinity Centres is a dividend paying company with a current yield of 6.58% that is well covered by earnings.
Key information
6.6%
Dividend yield
81%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.07 |
Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C98 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: C98 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Vicinity Centres Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (C98) | 6.6% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Retail REITs) | 5.3% |
Analyst forecast in 3 Years (C98) | 6.6% |
Notable Dividend: C98's dividend (6.58%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: C98's dividend (6.58%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.2%), C98's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.7%), C98's dividend payments are covered by cash flows.