Octodec Investments Dividend
Dividend criteria checks 4/6
Octodec Investments is a dividend paying company with a current yield of 14.35% that is well covered by earnings.
Key information
14.3%
Dividend yield
83%
Payout ratio
| Industry average yield | 11.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R2.29 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OCT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OCT has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Octodec Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OCT) | 14.3% |
| Market Bottom 25% (ZA) | 4.1% |
| Market Top 25% (ZA) | 9.5% |
| Industry Average (REITs) | 11.0% |
| Analyst forecast in 3 Years (OCT) | n/a |
Notable Dividend: OCT's dividend (14.35%) is higher than the bottom 25% of dividend payers in the ZA market (4.1%).
High Dividend: OCT's dividend (14.35%) is in the top 25% of dividend payers in the ZA market (9.49%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.3%), OCT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.5%), OCT's dividend payments are covered by cash flows.