Flagship Communities Real Estate Investment Trust

TSX:MHC.UN Stock Report

Market Cap: CA$476.1m

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 3.69% that is well covered by earnings.

Key information

3.7%

Dividend yield

35%

Payout ratio

Industry average yield3.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$4.20
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, MHC.UN has been paying a dividend for less than 10 years.

Growing Dividend: MHC.UN'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
How does MHC.UN dividend yield compare to the market?
SegmentDividend Yield
Company (MHC.UN)3.7%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.3%
Industry Average (Residential REITs)3.3%
Analyst forecast in 3 Years (MHC.UN)n/a

Notable Dividend: MHC.UN's dividend (3.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).

High Dividend: MHC.UN's dividend (3.69%) is low compared to the top 25% of dividend payers in the Canadian market (6.33%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.6%), MHC.UN'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.UN's dividend payments are well covered by cash flows.


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