Investore Property Limited
NZSE:IPL Stock Report
Investore Property Dividends and Buybacks
Dividend criteria checks 3/6
Investore Property is a dividend paying company with a current yield of 5.65% that is well covered by earnings.
Key information
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.065 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Here's What Investore Property Limited's (NZSE:IPL) Shareholder Ownership Structure Looks Like
Feb 14Stability and Growth of Payments
Stable Dividend: IPL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IPL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Investore Property Dividend Yield vs Market |
|---|
How does IPL dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (IPL) | 5.7% |
| Market Bottom 25% (NZ) | 3.3% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Retail REITs) | 5.6% |
| Analyst forecast (IPL) (up to 3 years) | 5.9% |
Notable Dividend: IPL's dividend (5.65%) is higher than the bottom 25% of dividend payers in the NZ market (3.34%).
High Dividend: IPL's dividend (5.65%) is low compared to the top 25% of dividend payers in the NZ market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), IPL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.3%), IPL's dividend payments are covered by cash flows.
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