CDL Investments New Zealand Dividend
Dividend criteria checks 4/6
CDL Investments New Zealand is a dividend paying company with a current yield of 4.55% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
4.5%
Dividend yield
75%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | NZ$0.046 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
CDL Investments New Zealand (NZSE:CDI) Has Announced A Dividend Of NZ$0.0412
Apr 25
CDL Investments New Zealand's (NZSE:CDI) Dividend Will Be NZ$0.0412
Mar 26CDL Investments New Zealand's (NZSE:CDI) Dividend Will Be NZ$0.0412
Mar 01CDL Investments New Zealand (NZSE:CDI) Will Pay A Dividend Of NZ$0.0412
Apr 04Recent updates
CDL Investments New Zealand (NZSE:CDI) Has Announced A Dividend Of NZ$0.0412
Apr 25CDL Investments New Zealand's (NZSE:CDI) Dividend Will Be NZ$0.0412
Mar 26CDL Investments New Zealand's (NZSE:CDI) Dividend Will Be NZ$0.0412
Mar 01A Look At The Fair Value Of CDL Investments New Zealand Limited (NZSE:CDI)
Feb 21Some Shareholders Feeling Restless Over CDL Investments New Zealand Limited's (NZSE:CDI) P/E Ratio
Dec 27CDL Investments New Zealand (NZSE:CDI) Will Pay A Dividend Of NZ$0.0412
Apr 04CDL Investments New Zealand (NZSE:CDI) Is Paying Out A Dividend Of NZ$0.0412
Feb 19CDL Investments New Zealand (NZSE:CDI) Is Due To Pay A Dividend Of NZ$0.041
Apr 27CDL Investments New Zealand (NZSE:CDI) Has Announced A Dividend Of NZ$0.041
Feb 21Here's What To Make Of CDL Investments New Zealand's (NZSE:CDI) Decelerating Rates Of Return
May 20CDL Investments New Zealand Limited's (NZSE:CDI) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 12Should You Use CDL Investments New Zealand's (NZSE:CDI) Statutory Earnings To Analyse It?
Feb 19
Will the Promising Trends At CDL Investments New Zealand (NZSE:CDI) Continue?
Jan 04Shareholders Of CDL Investments New Zealand (NZSE:CDI) Must Be Happy With Their 87% Return
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDI's dividends per share have been stable in the past 10 years.
Growing Dividend: CDI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CDL Investments New Zealand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CDI) | 4.5% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 7.0% |
| Industry Average (Real Estate) | 3.0% |
| Analyst forecast in 3 Years (CDI) | n/a |
Notable Dividend: CDI's dividend (4.55%) is higher than the bottom 25% of dividend payers in the NZ market (3.13%).
High Dividend: CDI's dividend (4.55%) is low compared to the top 25% of dividend payers in the NZ market (6.96%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), CDI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CDI is paying a dividend but the company has no free cash flows.