Lighthouse Properties Dividends and Buybacks
Dividend criteria checks 2/6
Lighthouse Properties is a dividend paying company with a current yield of 6.01% that is well covered by earnings.
Key information
6.0%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.479 |
| Payout ratio | 12% |
Recent dividend and buyback updates
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 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Lighthouse Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LTE) | 6.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Real Estate) | 7.1% |
| Analyst forecast (LTE) (up to 3 years) | n/a |
Notable Dividend: LTE's dividend (6.01%) is higher than the bottom 25% of dividend payers in the ZA market (3.25%).
High Dividend: LTE's dividend (6.01%) is low compared to the top 25% of dividend payers in the ZA market (8.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), LTE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.1%), LTE's dividend payments are not well covered by cash flows.