Dream Industrial Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
Dream Industrial Real Estate Investment Trust is a dividend paying company with a current yield of 5.56% that is well covered by earnings.
Key information
5.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 5.6% |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.700 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DIR.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: DIR.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Dream Industrial Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DIR.UN) | 5.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Industrial REITs) | 3.6% |
| Analyst forecast (DIR.UN) (up to 3 years) | 5.6% |
Notable Dividend: DIR.UN's dividend (5.56%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: DIR.UN's dividend (5.56%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), DIR.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.2%), DIR.UN's dividend payments are covered by cash flows.