RioCan Real Estate Investment Trust Dividend
Dividend criteria checks 3/6
RioCan Real Estate Investment Trust is a dividend paying company with a current yield of 6.22% that is well covered by earnings.
Key information
6.2%
Dividend yield
60%
Payout ratio
Industry average yield | 6.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.13 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: REI.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: REI.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
RioCan Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (REI.UN) | 6.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Retail REITs) | 6.6% |
Analyst forecast in 3 Years (REI.UN) | 6.3% |
Notable Dividend: REI.UN's dividend (6.22%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: REI.UN's dividend (6.22%) is low compared to the top 25% of dividend payers in the Canadian market (6.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), REI.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.5%), REI.UN's dividend payments are covered by cash flows.