DRI Healthcare Trust Dividend
Dividend criteria checks 2/6
DRI Healthcare Trust is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
14%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$1.64 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DHT.UN has been paying a dividend for less than 10 years.
Growing Dividend: DHT.UN's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
DRI Healthcare Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DHT.UN) | 2.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Pharmaceuticals) | 2.4% |
Analyst forecast in 3 Years (DHT.UN) | 4.3% |
Notable Dividend: DHT.UN's dividend (2.9%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: DHT.UN's dividend (2.9%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.5%), DHT.UN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DHT.UN is paying a dividend but the company has no free cash flows.