Mindspace Business Parks REIT Dividend
Dividend criteria checks 4/6
Mindspace Business Parks REIT is a dividend paying company with a current yield of 5.41% that is well covered by earnings.
Key information
5.4%
Dividend yield
82%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹6.37 |
Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543217 has been paying a dividend for less than 10 years.
Growing Dividend: 543217's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Mindspace Business Parks REIT Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543217) | 5.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Office REITs) | 5.6% |
Analyst forecast in 3 Years (543217) | 7.2% |
Notable Dividend: 543217's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543217's dividend (5.41%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.6%), 543217's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.4%), 543217's dividend payments are covered by cash flows.