Afine Investments Dividend
Dividend criteria checks 4/6
Afine Investments is a dividend paying company with a current yield of 10% that is well covered by earnings.
Key information
10.0%
Dividend yield
43%
Payout ratio
| Industry average yield | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.410 |
| Earnings per share | R0.95 |
| Dividend yield forecast | 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) | 10.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.5% |
| Industry Average (Real Estate) | 6.9% |
| Analyst forecast (ANI) (up to 3 years) | n/a |
Notable Dividend: ANI's dividend (10%) is higher than the bottom 25% of dividend payers in the ZA market (3.16%).
High Dividend: ANI's dividend (10%) is in the top 25% of dividend payers in the ZA market (7.48%)
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.