Lighthouse Properties Dividend
Dividend criteria checks 2/6
Lighthouse Properties is a dividend paying company with a current yield of 6.75% that is well covered by earnings.
Key information
6.8%
Dividend yield
12%
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 | R0.22 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LTE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LTE has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Lighthouse Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LTE) | 6.8% |
| Market Bottom 25% (ZA) | 4.0% |
| Market Top 25% (ZA) | 9.5% |
| Industry Average (Real Estate) | 7.9% |
| Analyst forecast in 3 Years (LTE) | n/a |
Notable Dividend: LTE's dividend (6.75%) is higher than the bottom 25% of dividend payers in the ZA market (4.07%).
High Dividend: LTE's dividend (6.75%) is low compared to the top 25% of dividend payers in the ZA market (9.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), LTE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.8%), LTE's dividend payments are not well covered by cash flows.