Afine Investments Dividend
Dividend criteria checks 1/6
Afine Investments is a dividend paying company with a current yield of 8.3%. Next payment date is on 24th June, 2024 with an ex-dividend date of 19th June, 2024.
Key information
8.3%
Dividend yield
108%
Payout ratio
| Industry average yield | 7.8% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 19 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | R0.40 |
| Dividend yield forecast in 3Y | n/a |
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 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) | 3.8% |
| Market Top 25% (ZA) | 8.9% |
| Industry Average (Real Estate) | 7.8% |
| 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 (3.78%).
High Dividend: ANI's dividend (8.3%) is low compared to the top 25% of dividend payers in the ZA market (8.87%).
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: Insufficient data to calculate ANI's cash payout ratio to determine if its dividend payments are covered by cash flows.