Afine Investments Dividend
Dividend criteria checks 4/6
Afine Investments is a dividend paying company with a current yield of 10.25% that is well covered by earnings.
Key information
10.3%
Dividend yield
43%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | R0.410 |
Earnings per share | R0.95 |
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) | 10.3% |
Market Bottom 25% (ZA) | 3.5% |
Market Top 25% (ZA) | 8.5% |
Industry Average (Real Estate) | 7.6% |
Analyst forecast in 3 Years (ANI) | n/a |
Notable Dividend: ANI's dividend (10.25%) is higher than the bottom 25% of dividend payers in the ZA market (3.45%).
High Dividend: ANI's dividend (10.25%) is in the top 25% of dividend payers in the ZA market (8.53%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), ANI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.3%), ANI's dividend payments are covered by cash flows.