Kiwi Property Group Dividend
Dividend criteria checks 3/6
Kiwi Property Group is a dividend paying company with a current yield of 6.95% that is well covered by earnings.
Key information
7.0%
Dividend yield
69%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -NZ$0.071 |
| Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KPG's dividend payments have been volatile in the past 10 years.
Growing Dividend: KPG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Kiwi Property Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KPG) | 7.0% |
| Market Bottom 25% (NZ) | 3.2% |
| Market Top 25% (NZ) | 7.0% |
| Industry Average (Retail REITs) | 5.8% |
| Analyst forecast in 3 Years (KPG) | 6.8% |
Notable Dividend: KPG's dividend (6.95%) is higher than the bottom 25% of dividend payers in the NZ market (3.25%).
High Dividend: KPG's dividend (6.95%) is low compared to the top 25% of dividend payers in the NZ market (7.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.1%), KPG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.3%), KPG's dividend payments are covered by cash flows.