InterRent Real Estate Investment Trust Dividend
Dividend criteria checks 5/6
InterRent Real Estate Investment Trust is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
39%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.64 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IIP.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: IIP.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
InterRent Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (IIP.UN) | 3.1% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Residential REITs) | 3.4% |
Analyst forecast in 3 Years (IIP.UN) | 3.2% |
Notable Dividend: IIP.UN's dividend (3.08%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: IIP.UN's dividend (3.08%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), IIP.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.1%), IIP.UN's dividend payments are covered by cash flows.