Stride Property Group Dividend
Dividend criteria checks 3/6
Stride Property Group is a dividend paying company with a current yield of 5.99% that is well covered by earnings.
Key information
6.0%
Dividend yield
63%
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$0.20 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
May 31
Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Feb 17How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?
Jan 07
News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
Dec 03Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?
Nov 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SPG has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Stride Property Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPG) | 6.0% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 7.0% |
| Industry Average (REITs) | 5.7% |
| Analyst forecast in 3 Years (SPG) | 6.5% |
Notable Dividend: SPG's dividend (5.99%) is higher than the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: SPG's dividend (5.99%) is low compared to the top 25% of dividend payers in the NZ market (7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), SPG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (93.4%), SPG's dividend payments are covered by cash flows.