Wereldhave N.V.

ENXTAM:WHA Stock Report

Market Cap: €964.9m

Wereldhave Dividends and Buybacks

Dividend criteria checks 4/6

Wereldhave is a dividend paying company with a current yield of 6.28% that is well covered by earnings. Last payment was on 20th May, 2026 with an ex-dividend date of 15th May, 2026.

Key information

6.3%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield6.6%
Future Dividend Yield7.1%
Dividend Growth-15.0%
Next dividend pay date20 May 26
Ex dividend date15 May 26
Dividend per sharen/a
Payout ratio43%

Recent dividend and buyback updates

Recent updates

Narrative Update May 05

WHA: Property Acquisition And Dividend Outlook Will Support A Balanced View

Analysts have raised their price target for Wereldhave from €21.62 to €22.50, reflecting updated assumptions on the discount rate, long-term revenue trends, profit margin, and future P/E multiples. What's in the News Agreement to acquire a 3,340 m² retail unit in shopping center Overvecht in Utrecht, currently let to HEMA, adding to Wereldhave’s existing circa 2,900 m² position in the asset (Key Developments).
Narrative Update Apr 21

WHA: Dividend Proposal And 2026 Guidance Will Support A Balanced Outlook

Analysts now place their fair value estimate for Wereldhave at €21.62, compared with the previous €20.52. They link the change to updated assumptions on the discount rate, revenue trends, profit margin and future P/E.
Narrative Update Apr 05

WHA: Dividend Increase And 2026 Earnings Guidance Will Support A Steady Outlook

Narrative update on Wereldhave The analyst price target for Wereldhave remains at €20.52, with analysts keeping their view broadly unchanged as slight adjustments to the discount rate, revenue trend and expected profit margin feed into a similar forward P/E assumption. What's in the News Wereldhave N.V. proposed a dividend for 2025 of €1.30 per share, which is described as a 4% increase compared with the previous level (Key Developments).
Narrative Update Mar 21

WHA: Guidance And Dividend Policy Will Frame A Steady Fair Value Outlook

Analysts have nudged their price target for Wereldhave from €19.90 to €20.52. This reflects updated assumptions around the discount rate, revenue contraction, profit margin and future P/E, which together point to a slightly adjusted view of fair value.
Narrative Update Mar 06

WHA: Updated Guidance And Dividend Will Shape Fairly Valued Outlook

Analysts have raised their price target for Wereldhave to €19.90 from €19.40, citing updated assumptions on discount rates, revenue trends, profit margins and future P/E levels. What's in the News Wereldhave issued new guidance for the full year 2026, with an outlook for direct result per share in a range of €1.85 to €1.95 (company guidance).
Narrative Update Feb 16

WHA: Weaker Revenue And Margin Outlook Will Pressure Future Returns

Analysts have kept their price target for Wereldhave steady at €19.40. The unchanged fair value reflects a balance between more cautious assumptions on revenue growth and margins, and a higher projected future P/E multiple.
Narrative Update Feb 02

WHA: Future Outlook Will Balance Mild Revenue Drift And Stable High Margins

Analysts have kept their fair value estimate for Wereldhave steady at €19.40 per share, citing only marginal tweaks to inputs such as the discount rate and forward P/E assumptions that were not meaningful enough to shift the overall price target. Valuation Changes Fair Value Estimate: Kept unchanged at €19.40 per share.
Narrative Update Jan 19

WHA: Stable Outlook Will Balance Mild Revenue Pressure And Resilient Margins

Analysts have lifted their price target for Wereldhave from €18.67 to €19.40, citing slightly lower discount rate assumptions, a smaller projected revenue decline, a modestly higher profit margin, and a marginally higher expected future P/E multiple. Valuation Changes Fair value estimate was raised slightly from €18.67 to €19.40 per share.
Narrative Update Jan 05

WHA: Stable Fair Value Will Reflect Modest Revenue Pressure And Steady Margins

Analysts have kept their fair value estimate for Wereldhave steady at €18.67 per share, with only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated modelling rather than a change in core view. Valuation Changes Fair Value Estimate: unchanged at €18.67 per share, indicating no shift in the central valuation outcome.
Narrative Update Dec 16

WHA: Digital Advertising Rollout Will Support Earnings While Risks Edge Higher

Analysts have modestly revised their price target on Wereldhave to €18.67 per share. This reflects slightly higher perceived risk from an increased discount rate, while expectations for revenue growth, margins, and valuation multiples remain broadly unchanged.
Narrative Update Dec 01

WHA: New Digital Advertising Initiative And Leadership Change Will Shape Outlook

Analysts have raised their price target for Wereldhave from €17.33 to €18.67, citing improved profit margins and a more optimistic outlook on revenue growth. What's in the News Wereldhave has partnered with Ocean Outdoor Netherlands to install and operate over 150 new digital advertising screens across 11 shopping and Full Service Centers in the Netherlands.
User avatar
New Narrative Mar 10

Rising Dutch Taxes And Higher Interest Expenses Will Weaken Future Profits

Upcoming tax changes, asset disposals, and interest expenses are expected to negatively affect earnings, margins, and profitability.
Analysis Article Feb 20

Analysts' Revenue Estimates For Wereldhave N.V. (AMS:WHA) Are Surging Higher

Celebrations may be in order for Wereldhave N.V. ( AMS:WHA ) shareholders, with the analysts delivering a significant...
Analysis Article Dec 22

If You Had Bought Wereldhave's (AMS:WHA) Shares Five Years Ago You Would Be Down 79%

Wereldhave N.V. ( AMS:WHA ) shareholders will doubtless be very grateful to see the share price up 45% in the last...

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: WHA's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Wereldhave Dividend Yield vs Market
How does WHA dividend yield compare to the market?
SegmentDividend Yield
Company (WHA)6.3%
Market Bottom 25% (NL)2.8%
Market Top 25% (NL)5.0%
Industry Average (Retail REITs)6.7%
Analyst forecast (WHA) (up to 3 years)7.1%

Notable Dividend: WHA's dividend (6.28%) is higher than the bottom 25% of dividend payers in the Dutch market (2.8%).

High Dividend: WHA's dividend (6.28%) is in the top 25% of dividend payers in the Dutch market (4.99%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.2%), WHA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (58%), WHA's dividend payments are covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 00:14
End of Day Share Price 2026/05/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wereldhave N.V. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Samuel James Hugh WarwoodBofA Global Research
Amal AboulkhouatemDegroof Petercam
Jonathan KownatorGoldman Sachs