Morguard Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 2/6
Morguard Real Estate Investment Trust is a dividend paying company with a current yield of 4.32%. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
4.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.3% |
| Dividend Growth | -2.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.240 |
| Payout ratio | -552% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRT.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRT.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Morguard Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRT.UN) | 4.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (REITs) | 7.2% |
| Analyst forecast (MRT.UN) (up to 3 years) | 4.3% |
Notable Dividend: MRT.UN's dividend (4.32%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: MRT.UN's dividend (4.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: MRT.UN is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), MRT.UN's dividend payments are well covered by cash flows.