New Risk • Dec 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Upcoming Dividend • Dec 04
Upcoming dividend of ₱0.049 per share Eligible shareholders must have bought the stock before 11 December 2025. Payment date: 09 January 2026. Trailing yield: 13%. Within top quartile of Filipino dividend payers (6.2%). Higher than average of industry peers (4.7%). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: ₱0.051 (vs ₱0.048 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.051 (up from ₱0.048 in 3Q 2024). Revenue: ₱599.0m (down 1.0% from 3Q 2024). Net income: ₱382.9m (up 6.0% from 3Q 2024). Profit margin: 64% (up from 60% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 16
Second quarter dividend of ₱0.049 announced Shareholders will receive a dividend of ₱0.049. Ex-date: 11th December 2025 Payment date: 9th January 2026 Dividend yield will be 15%, which is higher than the industry average of 5.4%. Upcoming Dividend • Sep 04
Upcoming dividend of ₱0.049 per share Eligible shareholders must have bought the stock before 11 September 2025. Payment date: 03 October 2025. Trailing yield: 11%. Within top quartile of Filipino dividend payers (6.0%). Higher than average of industry peers (4.8%). Declared Dividend • Aug 16
Second quarter dividend of ₱0.049 announced Shareholders will receive a dividend of ₱0.049. Ex-date: 11th September 2025 Payment date: 3rd October 2025 Dividend yield will be 11%, which is higher than the industry average of 5.4%. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: ₱0.049 (vs ₱0.05 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.049 (down from ₱0.05 in 2Q 2024). Revenue: ₱603.0m (down 12% from 2Q 2024). Net income: ₱364.7m (down 3.2% from 2Q 2024). Profit margin: 61% (up from 55% in 2Q 2024). New Risk • Aug 15
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 106% Cash payout ratio: 364% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Cash payout ratio: 364% Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Aug 14
Now 21% overvalued Over the last 90 days, the stock has fallen 4.2% to ₱1.81. The fair value is estimated to be ₱1.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Meanwhile, the company has become profitable. Declared Dividend • May 31
Dividend of ₱0.049 announced Shareholders will receive a dividend of ₱0.049. Ex-date: 11th June 2025 Payment date: 4th July 2025 Dividend yield will be 10%, which is higher than the industry average of 5.4%. Reported Earnings • May 17
Full year 2024 earnings released: EPS: ₱0.66 (vs ₱0.34 in FY 2023) Full year 2024 results: EPS: ₱0.66 (up from ₱0.34 in FY 2023). Revenue: ₱2.68t (up ₱2.67t from FY 2023). Net income: ₱4.98t (up ₱4.98t from FY 2023). Aankondiging • May 16
VistaREIT, Inc., Annual General Meeting, Jul 07, 2025 VistaREIT, Inc., Annual General Meeting, Jul 07, 2025, at 10:00 W. Australia Standard Time. Declared Dividend • May 02
Third quarter dividend of ₱0.051 announced Shareholders will receive a dividend of ₱0.051. Ex-date: 14th May 2025 Payment date: 30th May 2025 Dividend yield will be 9.6%, which is higher than the industry average of 5.4%. Upcoming Dividend • Dec 05
Upcoming dividend of ₱0.047 per share Eligible shareholders must have bought the stock before 12 December 2024. Payment date: 10 January 2025. Trailing yield: 12%. Within top quartile of Filipino dividend payers (6.7%). Higher than average of industry peers (5.4%). Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ₱0.048 (vs ₱0.044 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.048 (up from ₱0.044 in 3Q 2023). Revenue: ₱605.1m (down 9.4% from 3Q 2023). Net income: ₱361.4m (up 9.5% from 3Q 2023). Profit margin: 60% (up from 49% in 3Q 2023). Declared Dividend • Nov 15
Third quarter dividend of ₱0.047 announced Shareholders will receive a dividend of ₱0.047. Ex-date: 12th December 2024 Payment date: 10th January 2025 Dividend yield will be 11%, which is higher than the industry average of 5.4%. Upcoming Dividend • Sep 04
Upcoming dividend of ₱0.045 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 03 October 2024. Trailing yield: 12%. Within top quartile of Filipino dividend payers (6.5%). Higher than average of industry peers (5.3%). New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 8.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.7% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (160% cash payout ratio). Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: ₱50.25 (vs ₱1.77 in 2Q 2023) Second quarter 2024 results: EPS: ₱50.25. Revenue: ₱684.8m (up 24% from 2Q 2023). Net income: ₱376.9m (down 97% from 2Q 2023). Profit margin: 55% (down from 2,394% in 2Q 2023). Aankondiging • Aug 15
VistaREIT, Inc. Declares Cash Dividend, Payable on October 3, 2024 On August 14, 2024, the BOD of VistaREIT, Inc. declared cash dividends of PHP 0.04523 for all common stockholders of record as of September 12, 2024. Cash dividends will be paid on October 3, 2024. Aankondiging • Jun 06
VistaREIT, Inc. Approves Cash Dividends for the First Quarter of 2024, Payable on June 27, 2024 VistaREIT, Inc. announced on May 20, 2024, the BOD of the company approved the declaration of regular cash dividends for the first quarter of 2024 amounting to PHP 309.90 million or PHP 0.04132 per share. The dividend declarations are in favor of all stockholders of record as of June 5, 2024 and payable on June 27, 2024. Declared Dividend • May 23
Dividend of ₱0.041 announced Shareholders will receive a dividend of ₱0.041. Ex-date: 4th June 2024 Payment date: 27th June 2024 Dividend yield will be 10%, which is higher than the industry average of 5.4%. Aankondiging • May 23
VistaREIT, Inc., Annual General Meeting, Jul 05, 2024 VistaREIT, Inc., Annual General Meeting, Jul 05, 2024, at 10:00 W. Australia Standard Time. Upcoming Dividend • May 02
Upcoming dividend of ₱0.054 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 28 May 2024. Trailing yield: 9.1%. Within top quartile of Filipino dividend payers (6.0%). Higher than average of industry peers (5.0%). Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: ₱0.34 (vs ₱2.32 loss in FY 2022) Full year 2023 results: EPS: ₱0.34 (up from ₱2.32 loss in FY 2022). Revenue: ₱2.63t (up ₱2.62t from FY 2022). Net income: ₱2.52t (up ₱2.53t from FY 2022). Profit margin: 96% (up from net loss in FY 2022). Declared Dividend • Apr 18
Third quarter dividend increased to ₱0.054 Dividend of ₱0.054 is 39% higher than last year. Ex-date: 6th May 2024 Payment date: 28th May 2024 Dividend yield will be 10%, which is higher than the industry average of 5.4%. Upcoming Dividend • Dec 06
Upcoming dividend of ₱0.04 per share at 9.5% yield Eligible shareholders must have bought the stock before 13 December 2023. Payment date: 09 January 2024. Trailing yield: 9.5%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (5.1%). Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: ₱0.044 (vs ₱1.49 loss in 3Q 2022) Third quarter 2023 results: EPS: ₱0.044 (up from ₱1.49 loss in 3Q 2022). Revenue: ₱668.0m (up 122% from 3Q 2022). Net income: ₱330.1m (up ₱11.5b from 3Q 2022). Profit margin: 49% (up from net loss in 3Q 2022). Upcoming Dividend • Aug 23
Upcoming dividend of ₱0.04 per share at 9.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 9.7%. Within top quartile of Filipino dividend payers (5.5%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₱1.77. Net income: ₱13.3b (up ₱13.3b from 2Q 2022). Aankondiging • Jun 01
VistaREIT, Inc. Declares a Regular Cash Dividend, Payable on June 26, 2023 VistaREIT, Inc. declared a regular cash dividend of PHP 0.03920 per share. The dividend is payable on June 26, 2023 with record date of June 02, 2023. Upcoming Dividend • May 23
Upcoming dividend of ₱0.039 per share at 9.5% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 26 June 2023. Trailing yield: 9.5%. Within top quartile of Filipino dividend payers (5.7%). Higher than average of industry peers (2.4%). Upcoming Dividend • Apr 26
Upcoming dividend of ₱0.039 per share at 9.5% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 29 May 2023. Trailing yield: 9.5%. Within top quartile of Filipino dividend payers (5.8%). Higher than average of industry peers (2.5%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 19
VistaREIT, Inc., Annual General Meeting, Sep 15, 2022 VistaREIT, Inc., Annual General Meeting, Sep 15, 2022, at 10:00 Singapore Standard Time. Agenda: To consider Ratification of all acts and resolutions of the Board of Directors and Management from the date of the last annual stockholders' meeting until the date of this meeting; to consider Election of the members of the Board of Directors, including the Independent Directors, for the year 2022; to consider Appointment of External Auditors; and to consider any other matters. Board Change • Jun 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
