Equites Property Fund Dividends and Buybacks
Dividend criteria checks 5/6
Equites Property Fund is a dividend paying company with a current yield of 9.18% that is well covered by earnings.
Key information
9.2%
Dividend yield
-2.9%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 9.7% |
| Dividend Growth | 8.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R1.323 |
| Payout ratio | 89% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EQU's dividend payments have been volatile in the past 10 years.
Growing Dividend: EQU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Equites Property Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EQU) | 9.2% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Industrial REITs) | 3.7% |
| Analyst forecast (EQU) (up to 3 years) | 9.7% |
Notable Dividend: EQU's dividend (9.18%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: EQU's dividend (9.18%) is in the top 25% of dividend payers in the ZA market (8.04%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.6%), EQU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.7%), EQU's dividend payments are covered by cash flows.