Allied Properties Real Estate Investment Trust Dividend
Dividend criteria checks 6/6
Allied Properties Real Estate Investment Trust is a dividend paying company with a current yield of 10.23% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 27th March, 2024.
Key information
10.2%
Dividend yield
69%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | -CA$3.94 |
Dividend yield forecast in 3Y | 10.2% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (AP.UN) | 10.2% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.3% |
Industry Average (Office REITs) | 5.4% |
Analyst forecast in 3 Years (AP.UN) | 10.2% |
Notable Dividend: AP.UN's dividend (10.23%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: AP.UN's dividend (10.23%) is in the top 25% of dividend payers in the Canadian market (6.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.1%), AP.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.4%), AP.UN's dividend payments are covered by cash flows.