Mindspace Business Parks REIT Dividends and Buybacks
Dividend criteria checks 4/6
Mindspace Business Parks REIT is a dividend paying company with a current yield of 5.09% that is well covered by earnings.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹19.160 |
| Payout ratio | 69% |
Recent dividend and buyback 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 4 years.
Dividend Yield vs Market
| Mindspace Business Parks REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543217) | 5.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Office REITs) | 5.5% |
| Analyst forecast (543217) (up to 3 years) | 6.9% |
Notable Dividend: 543217's dividend (5.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543217's dividend (5.09%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), 543217's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), 543217's dividend payments are covered by cash flows.