Emira Property Fund Dividends and Buybacks
Dividend criteria checks 2/6
Emira Property Fund is a dividend paying company with a current yield of 9.89%. Next payment date is on 9th December, 2024 with an ex-dividend date of 4th December, 2024.
Key information
9.9%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 10.7% |
| Future Dividend Yield | 11.2% |
| Dividend Growth | 3.7% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 04 Dec 24 |
| Dividend per share | R1.170 |
| Payout ratio | 164% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: EMI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Emira Property Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EMI) | 9.9% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (REITs) | 8.6% |
| Analyst forecast (EMI) (up to 3 years) | 11.2% |
Notable Dividend: EMI's dividend (9.89%) is higher than the bottom 25% of dividend payers in the ZA market (3.2%).
High Dividend: EMI's dividend (9.89%) is in the top 25% of dividend payers in the ZA market (7.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (163.7%), EMI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (158.9%), EMI's dividend payments are not well covered by cash flows.