Investore Property Dividend
Dividend criteria checks 3/6
Investore Property is a dividend paying company with a current yield of 7.18% that is well covered by earnings.
Key information
7.2%
Dividend yield
93%
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$0.51 |
Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
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 7 years.
Dividend Yield vs Market
Investore Property Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IPL) | 7.2% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 7.0% |
Industry Average (Retail REITs) | 5.7% |
Analyst forecast in 3 Years (IPL) | 6.2% |
Notable Dividend: IPL's dividend (7.18%) is higher than the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: IPL's dividend (7.18%) is in the top 25% of dividend payers in the NZ market (7%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (92.9%), IPL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.3%), IPL's dividend payments are not well covered by cash flows.