Stride Property Group Dividend
Dividend criteria checks 3/6
Stride Property Group is a dividend paying company with a current yield of 6.3% that is well covered by earnings.
Key information
6.3%
Dividend yield
50%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | NZ$0.080 |
Earnings per share | -NZ$0.10 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being
Jun 26Analysts 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 07News 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) | 6.3% |
Market Bottom 25% (NZ) | 3.4% |
Market Top 25% (NZ) | 6.7% |
Industry Average (REITs) | 5.8% |
Analyst forecast in 3 Years (SPG) | 6.3% |
Notable Dividend: SPG's dividend (6.3%) is higher than the bottom 25% of dividend payers in the NZ market (3.43%).
High Dividend: SPG's dividend (6.3%) is low compared to the top 25% of dividend payers in the NZ market (6.66%).
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.