Argosy Property Dividend
Dividend criteria checks 5/6
Argosy Property is a dividend paying company with a current yield of 5.89% that is well covered by earnings.
Key information
5.9%
Dividend yield
89%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -NZ$0.13 |
Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARG's dividends per share have been stable in the past 10 years.
Growing Dividend: ARG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Argosy Property Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ARG) | 5.9% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 6.9% |
Industry Average (REITs) | 5.7% |
Analyst forecast in 3 Years (ARG) | 5.9% |
Notable Dividend: ARG's dividend (5.89%) is higher than the bottom 25% of dividend payers in the NZ market (3.06%).
High Dividend: ARG's dividend (5.89%) is low compared to the top 25% of dividend payers in the NZ market (6.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.1%), ARG's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.2%), ARG's dividend payments are covered by cash flows.