National Storage REIT Dividend
Dividend criteria checks 5/6
National Storage REIT is a dividend paying company with a current yield of 4.49% that is well covered by earnings.
Key information
4.5%
Dividend yield
56%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.110 |
| Earnings per share | AU$0.021 |
| Dividend yield forecast | 5.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NSR's dividends per share have been stable in the past 10 years.
Growing Dividend: NSR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| National Storage REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NSR) | 4.5% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Specialized REITs) | 4.7% |
| Analyst forecast (NSR) (up to 3 years) | 5.0% |
Notable Dividend: NSR's dividend (4.49%) is higher than the bottom 25% of dividend payers in the Australian market (2.74%).
High Dividend: NSR's dividend (4.49%) is low compared to the top 25% of dividend payers in the Australian market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), NSR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83%), NSR's dividend payments are covered by cash flows.