Primary Health Properties Dividend
Dividend criteria checks 5/6
Primary Health Properties is a dividend paying company with a current yield of 7.2% that is well covered by earnings.
Key information
7.2%
Dividend yield
67%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.02 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHP's dividends per share have been stable in the past 10 years.
Growing Dividend: PHP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Primary Health Properties Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PHP) | 7.2% |
Market Bottom 25% (ZA) | 0% |
Market Top 25% (ZA) | 0% |
Industry Average (Health Care REITs) | 0% |
Analyst forecast in 3 Years (PHP) | 7.3% |
Notable Dividend: PHP's dividend (7.2%) is higher than the bottom 25% of dividend payers in the ZA market (3.95%).
High Dividend: PHP's dividend (7.2%) is low compared to the top 25% of dividend payers in the ZA market (9.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67%), PHP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69%), PHP's dividend payments are covered by cash flows.