Novus Properties Ltd

MUSE:NOV.I0000 Stock Report

Market Cap: MU₨86.8m

Novus Properties Dividend

Dividend criteria checks 4/6

Novus Properties is a dividend paying company with a current yield of 9.52% that is well covered by earnings.

Key information

9.5%

Dividend yield

26%

Payout ratio

Industry average yield5.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareMU₨1.79
Dividend yield forecast in 3Yn/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
How does NOV.I0000 dividend yield compare to the market?
SegmentDividend Yield
Company (NOV.I0000)9.5%
Market Bottom 25% (MU)3.8%
Market Top 25% (MU)6.2%
Industry Average (Real Estate)5.9%
Analyst forecast in 3 Years (NOV.I0000)n/a

Notable Dividend: NOV.I0000's dividend (9.52%) is higher than the bottom 25% of dividend payers in the MU market (3.77%).

High Dividend: NOV.I0000's dividend (9.52%) is in the top 25% of dividend payers in the MU market (6.16%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26%), NOV.I0000's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52.9%), NOV.I0000's dividend payments are covered by cash flows.


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