MERLIN Properties SOCIMI Dividends and Buybacks
Dividend criteria checks 2/6
MERLIN Properties SOCIMI is a dividend paying company with a current yield of 2.01% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.0%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 1.4% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | €0.208 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MERL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MERL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| MERLIN Properties SOCIMI Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MERL) | 2.0% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (REITs) | 5.8% |
| Analyst forecast (MERL) (up to 3 years) | 4.6% |
Notable Dividend: MERL's dividend (2.01%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (2.14%).
High Dividend: MERL's dividend (2.01%) is low compared to the top 25% of dividend payers in the Austrian market (6.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), MERL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), MERL's dividend payments are covered by cash flows.