Artis Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Artis Real Estate Investment Trust is a dividend paying company with a current yield of 9.23% that is well covered by earnings.
Key information
9.2%
Dividend yield
69%
Payout ratio
Industry average yield | 7.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -CA$3.08 |
Dividend yield forecast in 3Y | 9.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AX.PRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: AX.PRE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Artis Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AX.PRE) | 9.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.3% |
Industry Average (REITs) | 7.8% |
Analyst forecast in 3 Years (AX.PRE) | 9.2% |
Notable Dividend: AX.PRE's dividend (9.23%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: AX.PRE's dividend (9.23%) is in the top 25% of dividend payers in the Canadian market (6.37%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69%), AX.PRE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.6%), AX.PRE's dividend payments are covered by cash flows.