Flagship Communities Real Estate Investment Trust Dividend
Dividend criteria checks 3/6
Flagship Communities Real Estate Investment Trust is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
35%
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 | US$3.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MHC.U has been paying a dividend for less than 10 years.
Growing Dividend: MHC.U's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Flagship Communities Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MHC.U) | 3.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Residential REITs) | 3.4% |
Analyst forecast in 3 Years (MHC.U) | n/a |
Notable Dividend: MHC.U's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: MHC.U's dividend (3.93%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), MHC.U's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), MHC.U's dividend payments are well covered by cash flows.