Precinct Properties NZ & Precinct Properties Investments Dividend
Dividend criteria checks 4/6
Precinct Properties NZ & Precinct Properties Investments is a dividend paying company with a current yield of 5.78% that is well covered by earnings.
Key information
5.8%
Dividend yield
93%
Payout ratio
| Industry average yield | 8.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -NZ$0.086 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now
Oct 28
A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary
Mar 02How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?
Feb 09Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment
Jan 18What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition
Dec 28
Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Dec 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PCT's dividends per share have been stable in the past 10 years.
Growing Dividend: PCT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Precinct Properties NZ & Precinct Properties Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PCT) | 5.8% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 7.1% |
| Industry Average (Office REITs) | 8.1% |
| Analyst forecast in 3 Years (PCT) | 5.7% |
Notable Dividend: PCT's dividend (5.78%) is higher than the bottom 25% of dividend payers in the NZ market (3.06%).
High Dividend: PCT's dividend (5.78%) is low compared to the top 25% of dividend payers in the NZ market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (93%), PCT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.5%), PCT's dividend payments are not well covered by cash flows.