Empiric Student Property Dividend
Dividend criteria checks 4/6
Empiric Student Property is a dividend paying company with a current yield of 3.87% that is well covered by earnings.
Key information
3.9%
Dividend yield
48%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.0375 |
| Earnings per share | UK£0.089 |
| Dividend yield forecast | 4.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ESP's dividend payments have been volatile in the past 10 years.
Growing Dividend: ESP'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 (ESP) | 3.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Residential REITs) | 4.1% |
| Analyst forecast (ESP) (up to 3 years) | 4.6% |
Notable Dividend: ESP's dividend (3.87%) is higher than the bottom 25% of dividend payers in the UK market (2.07%).
High Dividend: ESP's dividend (3.87%) is low compared to the top 25% of dividend payers in the UK market (5.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), ESP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), ESP's dividend payments are covered by cash flows.