European Residential Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 3/6
European Residential Real Estate Investment Trust is a dividend paying company with a current yield of 4.64% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
4.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 15.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.177 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ERE.UN has been paying a dividend for less than 10 years.
Growing Dividend: ERE.UN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| European Residential Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ERE.UN) | 4.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (ERE.UN) (up to 3 years) | 3.6% |
Notable Dividend: ERE.UN's dividend (4.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: ERE.UN's dividend (4.64%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), ERE.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.2%), ERE.UN's dividend payments are well covered by cash flows.