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 Yield
8.4%
Dividend Growth
-0.7%
Next dividend pay date
17 Dec 24
Ex dividend date
11 Dec 24
Dividend per share
R1.274
Payout ratio
184%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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?
Segment
Dividend 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.