Firm Capital Property Trust Dividend
Dividend criteria checks 5/6
Firm Capital Property Trust is a dividend paying company with a current yield of 10.5%. Next payment date is on 17th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
10.5%
Dividend yield
100%
Payout ratio
| Industry average yield | 8.0% |
| Next dividend pay date | 17 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.42 |
| Dividend yield forecast in 3Y | 10.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FCD.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: FCD.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Firm Capital Property Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FCD.UN) | 10.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (REITs) | 8.0% |
| Analyst forecast in 3 Years (FCD.UN) | 10.5% |
Notable Dividend: FCD.UN's dividend (10.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: FCD.UN's dividend (10.5%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.3%), FCD.UN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.4%), FCD.UN's dividend payments are covered by cash flows.