Transcend Residential Property Fund Dividends and Buybacks
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
-7.4%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 123% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TPF) | 9.2% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.2% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (TPF) (up to 3 years) | 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.