Spear Reit Dividends and Buybacks
Dividend criteria checks 3/6
Spear Reit is a dividend paying company with a current yield of 8.67% that is well covered by earnings.
Key information
8.7%
Dividend yield
-14.9%
Buyback Yield
| Total Shareholder Yield | -6.2% |
| Future Dividend Yield | 9.1% |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.801 |
| Payout ratio | 66% |
Recent dividend and buyback 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 8 years.
Dividend Yield vs Market
| Spear Reit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SEA) | 8.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (REITs) | 8.6% |
| Analyst forecast (SEA) (up to 3 years) | 9.1% |
Notable Dividend: SEA's dividend (8.67%) is higher than the bottom 25% of dividend payers in the ZA market (3.2%).
High Dividend: SEA's dividend (8.67%) is in the top 25% of dividend payers in the ZA market (7.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), SEA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.9%), SEA's dividend payments are not well covered by cash flows.