Hyprop Investments Dividends and Buybacks
Dividend criteria checks 3/6
Hyprop Investments is a dividend paying company with a current yield of 6.69% that is well covered by earnings.
Key information
6.7%
Dividend yield
-3.1%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R2.800 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HYP's dividend payments have been volatile in the past 10 years.
Growing Dividend: HYP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hyprop Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HYP) | 6.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Retail REITs) | 7.4% |
| Analyst forecast (HYP) (up to 3 years) | 8.1% |
Notable Dividend: HYP's dividend (6.69%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: HYP's dividend (6.69%) is low compared to the top 25% of dividend payers in the ZA market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.3%), HYP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.2%), HYP's dividend payments are covered by cash flows.