Choice Properties Real Estate Investment Trust Dividend
Dividend criteria checks 5/6
Choice Properties Real Estate Investment Trust is a dividend paying company with a current yield of 5.45% 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
5.5%
Dividend yield
34%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | CA$2.43 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHP.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: CHP.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Choice Properties Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CHP.UN) | 5.5% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.4% |
Industry Average (Retail REITs) | 6.4% |
Analyst forecast in 3 Years (CHP.UN) | 5.5% |
Notable Dividend: CHP.UN's dividend (5.45%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: CHP.UN's dividend (5.45%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), CHP.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.3%), CHP.UN's dividend payments are well covered by cash flows.