Plaza Retail REIT Dividend

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 15th November, 2024 with an ex-dividend date of 31st October, 2024.

Key information

7.5%

Dividend yield

0.02%

Buyback Yield

Total Shareholder Yield7.5%
Future Dividend Yield7.5%
Dividend Growth3.0%
Next dividend pay date15 Nov 24
Ex dividend date31 Oct 24
Dividend per shareCA$0.280
Payout ratio74%

Recent dividend updates

Recent updates

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
How does PLZ.UN dividend yield compare to the market?
SegmentDividend Yield
Company (PLZ.UN)7.5%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.1%
Industry Average (Retail REITs)6.1%
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 (1.76%).

High Dividend: PLZ.UN's dividend (7.49%) is in the top 25% of dividend payers in the Canadian market (6.15%)


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: With its reasonable cash payout ratio (72.3%), PLZ.UN's dividend payments are covered by cash flows.


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