Plaza Retail REIT Dividends and Buybacks
Dividend criteria checks 6/6
Plaza Retail REIT is a dividend paying company with a current yield of 7.49% 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
7.5%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 7.5% |
| Future Dividend Yield | 7.5% |
| Dividend Growth | 3.0% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.280 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Plaza Retail REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PLZ.UN) | 7.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Retail REITs) | 6.0% |
| Analyst forecast (PLZ.UN) (up to 3 years) | 7.5% |
Notable Dividend: PLZ.UN's dividend (7.49%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: PLZ.UN's dividend (7.49%) is in the top 25% of dividend payers in the Canadian market (6.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.6%), PLZ.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.7%), PLZ.UN's dividend payments are covered by cash flows.