Property For Industry Dividends and Buybacks
Dividend criteria checks 5/6
Property For Industry is a dividend paying company with a current yield of 3.77% that is well covered by earnings. Last payment was on 26th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | NZ$0.083 |
| Payout ratio | 89% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PFI) | 3.8% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Industrial REITs) | 1.1% |
| Analyst forecast (PFI) (up to 3 years) | 4.0% |
Notable Dividend: PFI's dividend (3.77%) is higher than the bottom 25% of dividend payers in the NZ market (3.37%).
High Dividend: PFI's dividend (3.77%) is low compared to the top 25% of dividend payers in the NZ market (6.06%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.9%), PFI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.8%), PFI's dividend payments are covered by cash flows.