Killam Apartment REIT Dividends and Buybacks
Dividend criteria checks 4/6
Killam Apartment REIT is a dividend paying company with a current yield of 3.84% 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
3.8%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | -5.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.700 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KMP.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: KMP.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Killam Apartment REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KMP.UN) | 3.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (KMP.UN) (up to 3 years) | 4.0% |
Notable Dividend: KMP.UN's dividend (3.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: KMP.UN's dividend (3.84%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), KMP.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (181.4%), KMP.UN's dividend payments are not well covered by cash flows.