Afine Investments (JSE:ANI) Dividend Payout Ratio : 1.00 (As of Aug. 2023)

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What is Afine Investments Dividend Payout Ratio?

Afine Investments's dividend payout ratio for the months ended in Aug. 2023 was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Afine Investments Ltd is 0.98, which seems too high.

The historical rank and industry rank for Afine Investments's Dividend Payout Ratio or its related term are showing as below:

JSE:ANI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.18 Max: 1.18
Current: 0.98

During the past 3 years, the highest Dividend Payout Ratio of Afine Investments was 1.18. The lowest was 0.98. And the median was 1.18.

JSE:ANI's Dividend Payout Ratio is ranked better than
55.79% of 561 companies
in the REITs industry
Industry Median: 1.01 vs JSE:ANI: 0.98

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

During the past 3 years, the highest Trailing Annual Dividend Yield of Afine Investments was 15.70%. The lowest was 8.30%. And the median was 10.54%.

Afine Investments's Dividends per Share for the 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.

Afine Investments Dividend Payout Ratio Historical Data

The historical data trend for Afine Investments's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Afine Investments Dividend Payout Ratio Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Dividend Payout Ratio

1.18

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23
Dividend Payout Ratio	-	-	1.45	0.96	1.00

Competitive Comparison of Afine Investments's Dividend Payout Ratio

For the REIT - Specialty subindustry, Afine Investments's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Afine Investments's Dividend Payout Ratio falls into.

Afine Investments Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Afine Investments's Dividend Payout Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2023 )	/	EPS without NRI (A: Feb. 2023 )
	=	0.471	/	0.398
	=	1.18

Afine Investments's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2023 )	/	EPS without NRI (Q: Aug. 2023 )
	=	0.206	/	0.206
	=	1.00

Afine Investments (JSE:ANI) Dividend Payout Ratio Explanation

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.

Afine Investments Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Afine Investments's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

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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