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Industrials REIT Dividend
Dividend criteria checks 2/6
Industrials REIT is a dividend paying company with a current yield of 4.23% that is well covered by earnings.
Key information
4.2%
Dividend yield
47%
Payout ratio
| Industry average yield | 10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R0.15 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Have Insiders Sold Stenprop Limited (JSE:STP) Shares Recently?
Feb 21
How Does Stenprop's (JSE:STP) CEO Pay Compare With Company Performance?
Jan 29
What Kind Of Investors Own Most Of Stenprop Limited (JSE:STP)?
Jan 07Insider Buying: Neil Marais Just Spent UK£537k On Stenprop Limited (JSE:STP) Shares
Dec 16Stenprop (JSE:STP) Has Compensated Shareholders With A Respectable 67% Return On Their Investment
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MLI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MLI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Industrials REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MLI) | 4.2% |
| Market Bottom 25% (ZA) | 3.8% |
| Market Top 25% (ZA) | 8.9% |
| Industry Average (REITs) | 10.3% |
| Analyst forecast in 3 Years (MLI) | n/a |
Notable Dividend: MLI's dividend (4.23%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (4.28%).
High Dividend: MLI's dividend (4.23%) is low compared to the top 25% of dividend payers in the ZA market (9.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), MLI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (90.6%), MLI's dividend payments are covered by cash flows.