Grit Real Estate Income Group Limited

MUSE:DEL.C0000 Stock Report

Market Cap: MU₨3.5b

Grit Real Estate Income Group Dividend

Dividend criteria checks 2/6

Grit Real Estate Income Group is a dividend paying company with a current yield of 18.85%.

Key information

18.9%

Dividend yield

0.1%

Buyback Yield

Total Shareholder Yield19.0%
Future Dividend Yieldn/a
Dividend Growth19.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareMU₨0.030
Payout ratio-15%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DEL.C0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: DEL.C0000 has only been paying a dividend for 5 years, and since then payments have fallen.


Dividend Yield vs Market

Grit Real Estate Income Group Dividend Yield vs Market
How does DEL.C0000 dividend yield compare to the market?
SegmentDividend Yield
Company (DEL.C0000)18.9%
Market Bottom 25% (MU)3.5%
Market Top 25% (MU)5.6%
Industry Average (Real Estate)5.2%
Analyst forecast (DEL.C0000) (up to 3 years)n/a

Notable Dividend: DEL.C0000's dividend (18.85%) is higher than the bottom 25% of dividend payers in the MU market (3.49%).

High Dividend: DEL.C0000's dividend (18.85%) is in the top 25% of dividend payers in the MU market (5.59%)


Earnings Payout to Shareholders

Earnings Coverage: DEL.C0000 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate DEL.C0000's cash payout ratio to determine if its dividend payments are covered by cash flows.


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