Property For Industry Dividend
Dividend criteria checks 5/6
Property For Industry is a dividend paying company with a current yield of 3.75% that is well covered by earnings.
Key information
3.7%
Dividend yield
85%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -NZ$0.19 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PFI's dividends per share have been stable in the past 10 years.
Growing Dividend: PFI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Property For Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PFI) | 3.7% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 6.8% |
Industry Average (Industrial REITs) | 1.3% |
Analyst forecast in 3 Years (PFI) | 3.8% |
Notable Dividend: PFI's dividend (3.75%) is higher than the bottom 25% of dividend payers in the NZ market (3.05%).
High Dividend: PFI's dividend (3.75%) is low compared to the top 25% of dividend payers in the NZ market (6.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.7%), PFI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.6%), PFI's dividend payments are covered by cash flows.