Dream Residential Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 3/6
Dream Residential Real Estate Investment Trust is a dividend paying company with a current yield of 6.07% that is well covered by earnings.
Key information
6.1%
Dividend yield
-45.9%
Buyback Yield
| Total Shareholder Yield | -39.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.420 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DRR.UN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DRR.UN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Dream Residential Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRR.UN) | 6.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (DRR.UN) (up to 3 years) | n/a |
Notable Dividend: DRR.UN's dividend (6.07%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: DRR.UN's dividend (6.07%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), DRR.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.1%), DRR.UN's dividend payments are well covered by cash flows.