Vicinity Centres Dividends and Buybacks
Dividend criteria checks 4/6
Vicinity Centres is a dividend paying company with a current yield of 5.57% that is well covered by earnings.
Key information
5.6%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 6.3% |
| Dividend Growth | -1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0785 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNRA.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CNRA.F has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Vicinity Centres Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CNRA.F) | 5.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Retail REITs) | 4.6% |
| Analyst forecast (CNRA.F) (up to 3 years) | 6.3% |
Notable Dividend: CNRA.F's dividend (5.57%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: CNRA.F's dividend (5.57%) is in the top 25% of dividend payers in the US market (4.46%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.9%), CNRA.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.6%), CNRA.F's dividend payments are covered by cash flows.