Afine Investments Dividend
Dividend criteria checks 2/6
Afine Investments is a dividend paying company with a current yield of 8.3%.
Key information
8.3%
Dividend yield
108%
Payout ratio
| Industry average yield | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R0.40 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ANI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ANI has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Afine Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ANI) | 8.3% |
| Market Bottom 25% (ZA) | 4.0% |
| Market Top 25% (ZA) | 9.2% |
| Industry Average (Real Estate) | 7.9% |
| Analyst forecast in 3 Years (ANI) | n/a |
Notable Dividend: ANI's dividend (8.3%) is higher than the bottom 25% of dividend payers in the ZA market (3.96%).
High Dividend: ANI's dividend (8.3%) is low compared to the top 25% of dividend payers in the ZA market (9.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.7%), ANI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.8%), ANI's dividend payments are covered by cash flows.