Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Goes Ex-Dividend Soon

Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least one business day to settle. This means that investors who purchase Marwest Apartment Real Estate Investment Trust's shares on or after the 29th of September will not receive the dividend, which will be paid on the 15th of October.

The company's next dividend payment will be CA$0.001425 per share, and in the last 12 months, the company paid a total of CA$0.017 per share. Calculating the last year's worth of payments shows that Marwest Apartment Real Estate Investment Trust has a trailing yield of 2.2% on the current share price of CA$0.78. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.

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Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Marwest Apartment Real Estate Investment Trust is paying out just 1.7% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events.

Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is.

Check out our latest analysis for Marwest Apartment Real Estate Investment Trust

Click here to see how much of its profit Marwest Apartment Real Estate Investment Trust paid out over the last 12 months.

Have Earnings And Dividends Been Growing?

When earnings decline, dividend companies become much harder to analyse and own safely. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. So we're not too excited that Marwest Apartment Real Estate Investment Trust's earnings are down 4.3% a year over the past five years.

Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Marwest Apartment Real Estate Investment Trust has delivered 3.3% dividend growth per year on average over the past four years.

The Bottom Line

Has Marwest Apartment Real Estate Investment Trust got what it takes to maintain its dividend payments? Marwest Apartment Real Estate Investment Trust's earnings per share are down over the past five years, although it has the cushion of a low payout ratio, which would suggest a cut to the dividend is relatively unlikely. It doesn't appear an outstanding opportunity, but could be worth a closer look.

If you want to look further into Marwest Apartment Real Estate Investment Trust, it's worth knowing the risks this business faces. For example, we've found 3 warning signs for Marwest Apartment Real Estate Investment Trust (1 is concerning!) that deserve your attention before investing in the shares.

If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.