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Afine Investments (JSE:ANI) Forward Dividend Yield % : 10.28% (As of May. 25, 2024)


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What is Afine Investments Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Afine Investments is 10.28%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Afine Investments is 10.28%.

JSE:ANI's Forward Dividend Yield % is ranked better than
59.59% of 834 companies
in the REITs industry
Industry Median: 7.19 vs JSE:ANI: 10.28

Afine Investments's Dividends per Share for the six months ended in Aug. 2023 was R0.21.

During the past 12 months, Afine Investments's average Dividends Per Share Growth Rate was 43.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Afine Investments's Forward Dividend Yield %

For the REIT - Specialty subindustry, Afine Investments's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Afine Investments's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Afine Investments's Forward Dividend Yield % falls into.



Afine Investments Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Afine Investments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.2050002023-12-062023-12-082023-12-11Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.2060002023-06-212023-06-232023-06-26Cash Dividendsemi-annuallyZAR:ZAR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Afine Investments's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.41/4.00
=10.25 %

Current Share Price is R4.00.
Afine Investments's Dividends per Share for the forward twelve months is calculated as R0.205 * 2 = R0.41.

Afine Investments's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.411/4.00
=10.28 %

Current Share Price is R4.00.
Afine Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.411.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Afine Investments  (JSE:ANI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Afine Investments Forward Dividend Yield % Related Terms

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Afine Investments (JSE:ANI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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