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 6.44% that is well covered by earnings.
Key information
6.4%
Dividend yield
82%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.804 |
| Earnings per share | CA$1.45 |
| Dividend yield forecast | 6.4% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (APR.UN) | 6.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.0% |
| Industry Average (Specialized REITs) | 3.5% |
| Analyst forecast (APR.UN) (up to 3 years) | 6.4% |
Notable Dividend: APR.UN's dividend (6.44%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: APR.UN's dividend (6.44%) is in the top 25% of dividend payers in the Canadian market (5.96%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.2%), APR.UN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), APR.UN's dividend payments are well covered by cash flows.