Afine Investments Dividends and Buybacks
Dividend criteria checks 4/6
Afine Investments is a dividend paying company with a current yield of 9.11% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 4th December, 2024.
Key information
9.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 04 Dec 24 |
| Dividend per share | R0.410 |
| Payout ratio | 43% |
Upcoming Dividend Payment
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 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Afine Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ANI) | 9.1% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Real Estate) | 7.1% |
| Analyst forecast (ANI) (up to 3 years) | n/a |
Notable Dividend: ANI's dividend (9.11%) is higher than the bottom 25% of dividend payers in the ZA market (3.2%).
High Dividend: ANI's dividend (9.11%) is in the top 25% of dividend payers in the ZA market (7.95%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.6%), ANI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.5%), ANI's dividend payments are covered by cash flows.