Transcend Residential Property Fund Limited

JSE:TPF Stock Report

Market Cap: R1.0b

Transcend Residential Property Fund Dividend

Dividend criteria checks 1/6

Transcend Residential Property Fund is a dividend paying company with a current yield of 9.18%.

Key information

9.2%

Dividend yield

123%

Payout ratio

Industry average yield3.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareR0.57
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TPF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TPF's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Transcend Residential Property Fund Dividend Yield vs Market
How does TPF dividend yield compare to the market?
SegmentDividend Yield
Company (TPF)9.2%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)9.2%
Industry Average (Residential REITs)3.7%
Analyst forecast in 3 Years (TPF)n/a

Notable Dividend: TPF's dividend (9.18%) is higher than the bottom 25% of dividend payers in the ZA market (3.96%).

High Dividend: TPF's dividend (9.18%) is low compared to the top 25% of dividend payers in the ZA market (9.38%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (123%), TPF's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (100.2%), TPF's dividend payments are not well covered by cash flows.


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