Stor-Age Property REIT Limited

JSE:SSS Stock Report

Market Cap: R6.4b

Stor-Age Property REIT Dividend

Dividend criteria checks 1/6

Stor-Age Property REIT is a dividend paying company with a current yield of 8.82%.

Key information

8.8%

Dividend yield

111%

Payout ratio

Industry average yield4.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareR1.13
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, SSS has been paying a dividend for less than 10 years.

Growing Dividend: SSS's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Stor-Age Property REIT Dividend Yield vs Market
How does SSS dividend yield compare to the market?
SegmentDividend Yield
Company (SSS)8.8%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)9.0%
Industry Average (Specialized REITs)4.0%
Analyst forecast in 3 Years (SSS)n/a

Notable Dividend: SSS's dividend (8.82%) is higher than the bottom 25% of dividend payers in the ZA market (3.8%).

High Dividend: SSS's dividend (8.82%) is low compared to the top 25% of dividend payers in the ZA market (8.9%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (111.2%), SSS's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (111.6%), SSS's dividend payments are not well covered by cash flows.


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