Plaza Retail REIT

TSX:PLZ.UN Stock Report

Mkt Cap: CA$478.9m

Plaza Retail REIT Dividend

What is Plaza Retail REIT current dividend yield, its reliability and sustainability?

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

6.02%

Current Dividend Yield

Dividend Yield vs Market

Plaza Retail REIT Dividend Yield vs Market
How does PLZ.UN dividend yield compare to the market?
SegmentDividend Yield
Company (PLZ.UN)6.0%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)5.8%
Industry Average (REITs)4.7%
Analyst forecast in 3 Years (PLZ.UN)6.0%

Notable Dividend: PLZ.UN's dividend (6.02%) is higher than the bottom 25% of dividend payers in the Canadian market (1.83%).

High Dividend: PLZ.UN's dividend (6.02%) is in the top 25% of dividend payers in the Canadian market (5.85%)

Stability and Growth of Payments

How stable has Plaza Retail REIT's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.281
12/31/20230.282
1/31/20230.286.02
11/10/20220.286.36
8/3/20220.286.77
3/15/20220.286.19
2/15/20220.285.8
1/18/20220.285.95
12/15/20210.286.03
11/15/20210.286.1
10/15/20210.286.12
9/17/20210.286.15
8/16/20210.286.15
6/17/20210.286.11
5/17/20210.286.37
4/15/20210.287.07
3/15/20210.287.05
2/17/20210.287.39
1/15/20210.287.71
12/15/20200.287.75
11/16/20200.287.75
10/15/20200.288.27
9/15/20200.287.95
8/17/20200.287.99
7/15/20200.288.34
6/15/20200.288.23
5/15/20200.289.1
4/15/20200.289.62
3/16/20200.289.62
2/18/20200.286.46
1/15/20200.286.01
12/16/20190.286.16
11/15/20190.286.03
10/15/20190.286.17
9/16/20190.286.42
8/15/20190.286.69
7/15/20190.286.62
6/17/20190.286.58
5/15/20190.286.66
4/15/20190.286.77
3/15/20190.286.69
2/15/20190.286.7
1/15/20190.286.95
12/17/20180.287.19
11/15/20180.286.99
10/15/20180.286.9
9/17/20180.286.71
8/15/20180.286.64
7/23/20180.286.59
6/20/20180.286.52
5/22/20180.286.52
4/19/20180.286.64
3/20/20180.286.9
2/16/20180.287
1/18/20180.286.7
12/18/20170.276.31
11/20/20170.276.32
10/18/20170.276.21
9/19/20170.276.19
8/16/20170.276.06
7/19/20170.276.12
6/19/20170.275.98
5/19/20170.275.7
4/18/20170.275.6
3/17/20170.275.52
2/15/20170.275.34
11/9/20160.275.38
10/19/20160.265.14
9/19/20160.265.04
8/19/20160.265.22
7/19/20160.265.17
6/21/20160.265.29
5/19/20160.265.37
4/18/20160.265.48
3/10/20160.265.58
2/17/20160.265.65
1/18/20160.265.83
12/16/20150.255.52
11/19/20150.255.48
10/19/20150.255.63
9/17/20150.255.7
8/19/20150.255.86
7/20/20150.255.8
6/18/20150.255.81
5/19/20150.255.75
4/17/20150.255.64
3/18/20150.255.66
2/17/20150.255.65
11/10/20140.256.09
10/21/20140.246.05
9/18/20140.246.12
8/19/20140.245.94
7/18/20140.246.02
6/17/20140.245.94
5/16/20140.245.89
5/8/20140.245.93
1/20/20140.245.82
11/12/20120.234.97
10/1/20120.214.39
7/3/20120.214.44
4/2/20120.214.58

Stable Dividend: PLZ.UN's dividends per share have been stable in the past 10 years.

Growing Dividend: PLZ.UN's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68%), PLZ.UN's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (72.5%), PLZ.UN's dividend payments are covered by cash flows.

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