Spear Reit Dividend
Dividend criteria checks 4/6
Spear Reit is a dividend paying company with a current yield of 9.89% that is well covered by earnings.
Key information
9.9%
Dividend yield
65%
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 | R0.89 |
Dividend yield forecast in 3Y | 11.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SEA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SEA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Spear Reit Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SEA) | 9.9% |
Market Bottom 25% (ZA) | 4.1% |
Market Top 25% (ZA) | 9.5% |
Industry Average (REITs) | 11.0% |
Analyst forecast in 3 Years (SEA) | 11.9% |
Notable Dividend: SEA's dividend (9.89%) is higher than the bottom 25% of dividend payers in the ZA market (4.1%).
High Dividend: SEA's dividend (9.89%) is in the top 25% of dividend payers in the ZA market (9.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65%), SEA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.7%), SEA's dividend payments are covered by cash flows.