Choice Properties Real Estate Investment Trust

TSX:CHP.UN Stock Report

Mkt Cap: CA$11.2b

Choice Properties Real Estate Investment Trust Dividend

What is Choice Properties Real Estate Investment Trust current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

4.78%

Current Dividend Yield

Upcoming Dividend Payment

TodayJan 26 2023Ex Dividend DateJan 30 2023Dividend Pay DateFeb 15 202316 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Choice Properties Real Estate Investment Trust Dividend Yield vs Market
How does CHP.UN dividend yield compare to the market?
SegmentDividend Yield
Company (CHP.UN)4.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)5.9%
Industry Average (REITs)4.7%
Analyst forecast in 3 Years (CHP.UN)4.8%

Notable Dividend: CHP.UN's dividend (4.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).

High Dividend: CHP.UN's dividend (4.78%) is low compared to the top 25% of dividend payers in the Canadian market (5.82%).

Stability and Growth of Payments

How stable has Choice Properties Real Estate Investment Trust's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.744
12/31/20230.744
1/26/20230.744.78
11/9/20220.745
7/21/20220.745.5
5/18/20220.745.22
3/16/20220.744.83
2/14/20220.744.98
1/17/20220.745.12
12/16/20210.744.99
11/15/20210.745.06
10/14/20210.744.92
9/15/20210.745.05
8/16/20210.744.94
7/15/20210.745.03
6/15/20210.745.07
5/17/20210.745.1
4/15/20210.745.22
3/16/20210.745.4
2/11/20210.745.69
1/15/20210.745.74
12/16/20200.745.68
11/16/20200.745.51
10/15/20200.745.85
9/15/20200.745.84
8/14/20200.745.83
7/16/20200.745.81
6/15/20200.745.73
5/14/20200.745.78
4/15/20200.745.93
3/16/20200.745.93
2/13/20200.745.27
1/16/20200.745.01
12/16/20190.745.31
11/14/20190.745.41
10/16/20190.745.34
9/13/20190.745.13
8/15/20190.745.34
7/16/20190.745.39
6/13/20190.745.33
5/16/20190.745.39
4/15/20190.745.43
3/14/20190.745.28
2/13/20190.745.46
1/16/20190.745.81
12/13/20180.746.29
11/15/20180.746.09
10/16/20180.746.15
9/13/20180.746.07
7/18/20180.745.91
6/19/20180.746.05
5/17/20180.746.29
4/17/20180.746.36
3/16/20180.746.36
2/14/20180.746.22
1/18/20180.745.8
12/14/20170.745.61
11/17/20170.745.58
10/18/20170.745.49
9/18/20170.745.57
8/18/20170.745.64
7/18/20170.745.58
6/20/20170.745.41
5/17/20170.745.33
4/18/20170.715.08
3/21/20170.715.11
2/14/20170.715.05
1/18/20170.715.09
12/19/20160.715.26
11/17/20160.715.42
10/18/20160.715.4
9/20/20160.715.18
8/18/20160.715.09
7/20/20160.714.98
6/17/20160.674.76
5/17/20160.674.88
4/19/20160.675.12
3/17/20160.675.38
2/16/20160.675.39
1/19/20160.675.69
12/17/20150.655.64
11/17/20150.655.62
10/20/20150.655.59
9/17/20150.655.64
8/18/20150.655.78
7/21/20150.655.71
6/17/20150.655.93
5/19/20150.655.83
4/17/20150.655.78
3/18/20150.655.68
2/18/20150.655.71
1/20/20150.655.94
12/16/20140.656.15
11/10/20140.656.02
10/21/20140.656.19
9/17/20140.656.27
8/19/20140.656.01
7/11/20140.656.01
6/17/20140.656.1
4/15/20140.656.09
3/18/20140.656.1
2/18/20140.656.18
1/21/20140.656.25
12/17/20130.656.16
11/11/20130.656.27

Stable Dividend: Whilst dividend payments have been stable, CHP.UN has been paying a dividend for less than 10 years.

Growing Dividend: CHP.UN's dividend payments have increased, but the company has only paid a dividend for 9 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.7%), CHP.UN's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (78.1%), CHP.UN's dividend payments are covered by cash flows.

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