Fortress Income Fund Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   ZAR per share 
 Price  17.25
 Dividend  1.36
 Earnings  1.98
 Cash-flow  0.88
 Book value  19.17
 Equity  19.22

Fortress Income Fund is part of Real Estate Investment Trusts business, which is part of Financials industry. Fortress Income Fund is a company from South Africa, and his stocks are publicly traded.

Fortress Income Fund paid a total dividend of 1,584 million ZAR last year, for a market value of 20,096 millions (Market Cap 19,460 millions). Dividend per share of Fortress Income Fund is 1.36 ZAR, and his stock market price 17.25 ZAR.

According to the chart below, where dividend yield is displayed, Fortress Income Fund has a dividend yield of 7.86%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Fortress Income Fund dividend yield with other Real Estate Investment Trusts companies or firms from South Africa.

Dividend yield of Fortress Income Fund

Fortress Income Fund Dividend Payout

About the ability of Fortress Income Fund to maintain his current dividend of ZAR 1.36 per share, an amount that accounts for 7.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortress Income Fund payout on ernings is currently 68.69%, which is higher than the market average, and companies of Financials industry, which are 38.92% and 46.42% respectively. Both figures show that Fortress Income Fund can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Fortress Income Fund is ZAR 0.88 per share, which is lower than the dividend per share paid by the company of ZAR 1.36, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Fortress Income Fund, compared againt world market average, South Africa companies, Financials industry and Real Estate Investment Trusts sector companies.

Fortress Income Fund payout

Fortress Income Fund Stock performance

Finally, last moth Fortress Income Fund showed a return of -1.70% compared to a worldwide 1.54% average, and a 0.95% of Financials firms. Over the last year, the company obtained a 6.20% versus a worldwide performance of a 18.74%. More detailed information can be seen in the following graph for South Africa and Real Estate Investment Trusts firms.

Fortress Income Fund stock and market return

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