Vukile Property Fund Limited

NMSE:VKN Stock Report

Market Cap: R22.8b

Vukile Property Fund Dividends and Buybacks

Dividend criteria checks 3/6

Vukile Property Fund is a dividend paying company with a current yield of 6.88%. Next payment date is on 17th December, 2024 with an ex-dividend date of 11th December, 2024.

Key information

6.9%

Dividend yield

-13.3%

Buyback Yield

Total Shareholder Yield-6.4%
Future Dividend Yield8.4%
Dividend Growth-0.7%
Next dividend pay date17 Dec 24
Ex dividend date11 Dec 24
Dividend per shareR1.274
Payout ratio184%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayDec 05 2024Ex Dividend DateDec 11 2024Dividend Pay DateDec 17 20246 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: VKN's dividend payments have been volatile in the past 10 years.

Growing Dividend: VKN's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Vukile Property Fund Dividend Yield vs Market
How does VKN dividend yield compare to the market?
SegmentDividend Yield
Company (VKN)6.9%
Market Bottom 25% (NA)5.8%
Market Top 25% (NA)10.7%
Industry Average (Retail REITs)7.2%
Analyst forecast (VKN) (up to 3 years)8.4%

Notable Dividend: VKN's dividend (6.88%) is higher than the bottom 25% of dividend payers in the NA market (5.84%).

High Dividend: VKN's dividend (6.88%) is low compared to the top 25% of dividend payers in the NA market (10.68%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (183.8%), VKN's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.1%), VKN's dividend payments are covered by cash flows.


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