Stride Property Group Dividends and Buybacks
Dividend criteria checks 3/6
Stride Property Group is a dividend paying company with a current yield of 5.97% that is well covered by earnings.
Key information
6.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.080 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being
Jun 26
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
May 31Stride 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) | 3.2% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (REITs) | 5.0% |
| Analyst forecast (SPG) (up to 3 years) | 6.0% |
Notable Dividend: SPG's dividend (5.97%) is higher than the bottom 25% of dividend payers in the NZ market (3.22%).
High Dividend: SPG's dividend (5.97%) is low compared to the top 25% of dividend payers in the NZ market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), SPG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (94.6%), SPG's dividend payments are covered by cash flows.