BTB Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
BTB Real Estate Investment Trust is a dividend paying company with a current yield of 8.29% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
8.3%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 8.3% |
| Future Dividend Yield | 8.3% |
| Dividend Growth | -0.3% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | CA$0.300 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BTB.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: BTB.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| BTB Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BTB.UN) | 8.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (REITs) | 6.9% |
| Analyst forecast (BTB.UN) (up to 3 years) | 8.3% |
Notable Dividend: BTB.UN's dividend (8.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: BTB.UN's dividend (8.29%) is in the top 25% of dividend payers in the Canadian market (6.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), BTB.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.5%), BTB.UN's dividend payments are well covered by cash flows.