Allied Properties Real Estate Investment Trust

TSX:AP.UN Stock Report

Market Cap: CA$2.5b

Allied Properties Real Estate Investment Trust Dividends and Buybacks

Dividend criteria checks 5/6

Allied Properties Real Estate Investment Trust is a dividend paying company with a current yield of 10.01% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.

Key information

10.0%

Dividend yield

-0.02%

Buyback Yield

Total Shareholder Yield10.0%
Future Dividend Yield10.0%
Dividend Growth9.8%
Next dividend pay date16 Dec 24
Ex dividend date29 Nov 24
Dividend per shareCA$1.800
Payout ratio93%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateNov 29 2024Dividend Pay DateDec 16 202417 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AP.UN's dividends per share have been stable in the past 10 years.

Growing Dividend: AP.UN's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Allied Properties Real Estate Investment Trust Dividend Yield vs Market
How does AP.UN dividend yield compare to the market?
SegmentDividend Yield
Company (AP.UN)10.0%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.1%
Industry Average (Office REITs)4.7%
Analyst forecast (AP.UN) (up to 3 years)10.0%

Notable Dividend: AP.UN's dividend (10.01%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).

High Dividend: AP.UN's dividend (10.01%) is in the top 25% of dividend payers in the Canadian market (6.11%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (92.7%), AP.UN's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (115.3%), AP.UN's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies