Slate Grocery REIT Dividend
Dividend criteria checks 6/6
Slate Grocery REIT is a dividend paying company with a current yield of 10.7% that is well covered by earnings.
Key information
10.7%
Dividend yield
80%
Payout ratio
Industry average yield | 6.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.25 |
Dividend yield forecast in 3Y | 10.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SGR.U's dividends per share have been stable in the past 10 years.
Growing Dividend: SGR.U's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Slate Grocery REIT Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SGR.U) | 10.7% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Retail REITs) | 6.7% |
Analyst forecast in 3 Years (SGR.U) | 10.7% |
Notable Dividend: SGR.U's dividend (10.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: SGR.U's dividend (10.7%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), SGR.U's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68%), SGR.U's dividend payments are covered by cash flows.