Novus Properties Dividend
Dividend criteria checks 4/6
Novus Properties is a dividend paying company with a current yield of 8.33% that is well covered by earnings.
Key information
8.3%
Dividend yield
27%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨1.76 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOV.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NOV.I0000's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Novus Properties Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NOV.I0000) | 8.3% |
Market Bottom 25% (MU) | 3.3% |
Market Top 25% (MU) | 6.0% |
Industry Average (Real Estate) | 5.4% |
Analyst forecast in 3 Years (NOV.I0000) | n/a |
Notable Dividend: NOV.I0000's dividend (8.33%) is higher than the bottom 25% of dividend payers in the MU market (3.33%).
High Dividend: NOV.I0000's dividend (8.33%) is in the top 25% of dividend payers in the MU market (6.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), NOV.I0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.9%), NOV.I0000's dividend payments are covered by cash flows.