Fortress REIT Ltd (A) Dividend yield

 Price  12.44
 Dividend  0.75
 Earnings  1.46
 Cash-flow  0.60
 Book value  12.44
 Equity  11.15

Fortress REIT Ltd (A) is part of Real Estate Investment Trusts business, which is part of Financials industry. Fortress REIT Ltd (A) is a company from South Africa, and his stocks are publicly traded.

Fortress REIT Ltd (A) paid a total dividend of 894 million ZAR last year, for a market value of 14,828 millions (Market Cap 14,743 millions). Dividend per share of Fortress REIT Ltd (A) is 0.75 ZAR, and his stock market price 12.44 ZAR.

According to the chart below, where dividend yield is displayed, Fortress REIT Ltd (A) has a dividend yield of 6.00%, 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 REIT Ltd (A) dividend yield with other Real Estate Investment Trusts companies or firms from South Africa.

Dividend yield of Fortress REIT Ltd (A)

Fortress REIT Ltd (A) Dividend Payout

About the ability of Fortress REIT Ltd (A) to maintain his current dividend of ZAR 0.75 per share, an amount that accounts for 6.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Fortress REIT Ltd (A) payout on ernings is currently 51.37%, which is higher than the market average, and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures show that Fortress REIT Ltd (A) 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 REIT Ltd (A) is ZAR 0.60 per share, which is lower than the dividend per share paid by the company of ZAR 0.75, 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 REIT Ltd (A), compared againt world market average, South Africa companies, Financials industry and Real Estate Investment Trusts sector companies.

Fortress REIT Ltd (A) payout

Fortress REIT Ltd (A) Dividend History

Year Yield  ZAR  Paypout  Shares* 

*In millions

Fortress REIT Ltd (A) Stock performance

Finally, last moth Fortress REIT Ltd (A) showed a return of -3.00% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a -8.60% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for South Africa and Real Estate Investment Trusts firms.

Fortress REIT Ltd (A) stock and market return