Automotive Properties Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Automotive Properties Real Estate Investment Trust is a dividend paying company with a current yield of 8.09% that is well covered by earnings.
Key information
8.1%
Dividend yield
82%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$1.28 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, APR.UN has been paying a dividend for less than 10 years.
Growing Dividend: APR.UN has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Automotive Properties Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (APR.UN) | 8.1% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Specialized REITs) | 4.3% |
Analyst forecast in 3 Years (APR.UN) | 8.0% |
Notable Dividend: APR.UN's dividend (8.09%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: APR.UN's dividend (8.09%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.1%), APR.UN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.1%), APR.UN's dividend payments are covered by cash flows.