Stride Property Group Dividend

Dividend criteria checks 3/6

Stride Property Group is a dividend paying company with a current yield of 5.71% that is well covered by earnings.

Key information

5.7%

Dividend yield

63%

Payout ratio

Industry average yield5.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-NZ$0.20
Dividend yield forecast in 3Y6.2%

Recent dividend updates

Recent updates

Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

May 31
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

Feb 17
Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?

Jan 07
How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?

News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Dec 03
News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts

Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?

Nov 19
Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?

Stability 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
How does SPG dividend yield compare to the market?
SegmentDividend Yield
Company (SPG)5.7%
Market Bottom 25% (NZ)3.0%
Market Top 25% (NZ)6.9%
Industry Average (REITs)5.6%
Analyst forecast in 3 Years (SPG)6.2%

Notable Dividend: SPG's dividend (5.71%) is higher than the bottom 25% of dividend payers in the NZ market (3.05%).

High Dividend: SPG's dividend (5.71%) is low compared to the top 25% of dividend payers in the NZ market (6.86%).


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.


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