Redefine Properties Dividend
Dividend criteria checks 3/6
Redefine Properties is a dividend paying company with a current yield of 11.06% that is well covered by earnings.
Key information
11.1%
Dividend yield
74%
Payout ratio
Industry average yield | 10.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.21 |
Dividend yield forecast in 3Y | 11.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RDF's dividend payments have been volatile in the past 10 years.
Growing Dividend: RDF's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Redefine Properties Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RDF) | 11.1% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.3% |
Industry Average (REITs) | 10.6% |
Analyst forecast in 3 Years (RDF) | 11.9% |
Notable Dividend: RDF's dividend (11.06%) is higher than the bottom 25% of dividend payers in the ZA market (3.97%).
High Dividend: RDF's dividend (11.06%) is in the top 25% of dividend payers in the ZA market (9.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), RDF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.4%), RDF's dividend payments are not well covered by cash flows.