Empiric Student Property Dividends and Buybacks
Dividend criteria checks 4/6
Empiric Student Property is a dividend paying company with a current yield of 4.4% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
4.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.2% |
| Dividend Growth | -4.2% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | UK£0.0375 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ESPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ESPL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Empiric Student Property Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ESPL) | 4.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Residential REITs) | 4.4% |
| Analyst forecast (ESPL) (up to 3 years) | 5.2% |
Notable Dividend: ESPL's dividend (4.4%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: ESPL's dividend (4.4%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), ESPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63%), ESPL's dividend payments are covered by cash flows.