Redefine Properties Dividend yield

 Price  3.64
 Dividend  0.43
 Earnings  1.21
 Cash-flow  0.51
 Book value  7.28
 Equity  6.11

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

Redefine Properties stock dividend

Redefine Properties paid a total dividend of 3,032 million ZAR last year, for a market value of 25,669 millions (Market Cap 24,009 millions). Redefine Properties dividend per share is 0.43 ZAR, and his stock market price 3.64 ZAR.

According to the chart below, where dividend yield is displayed, Redefine Properties has a dividend yield of 11.80%, 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 Redefine Properties stocks dividend with other Real Estate Investment Trusts companies or other of the best South Africa dividend stocks list.

Dividend yield of Redefine Properties

Redefine Properties Dividend Payout

About the ability of Redefine Properties to maintain his current dividend of ZAR 0.43 per share, an amount that accounts for 11.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Redefine Properties payout on ernings is currently 35.54%, which is lower than the market average and companies of Financials industry, which are 38.61% and 48.64% respectively. Both figures lead us to believe that there is confidence that Redefine Propertiescan maintain his current dividend.

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 Redefine Properties is ZAR 0.51 per share, which is higher than the dividend per share paid by the company of ZAR 0.43, so the company generates enough cash to maintain his dividend in the future.

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

Redefine Properties payout

Redefine Properties Dividend History

Below you will find a table with the historical evolution of Redefine Properties's dividend stock, both in percentage and in ZAR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  ZAR  Paypout  Shares* 

*In millions

Then you can see the evolution of Redefine Properties dividend stock, and compare it with the average of South Africa stocks and that of the Real Estate Investment Trusts stocks.

Redefine Properties stock dividend history

Redefine Properties Stock performance

Finally, last moth Redefine Properties showed a return of -4.70% compared to a worldwide -0.50% average, and a -5.25% of Financials firms. Over the last year, the company obtained a -21.20% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for South Africa and Real Estate Investment Trusts firms.

Redefine Properties stock and market return