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Summit Industrial Income REIT Dividend
Dividend criteria checks 5/6
Key information
2.5%
Dividend yield
63%
Payout ratio
Industry average yield | 8.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$4.33 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SMU.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: SMU.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Summit Industrial Income REIT Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SMU.UN) | 2.5% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (REITs) | 8.0% |
Analyst forecast in 3 Years (SMU.UN) | 2.5% |
Notable Dividend: SMU.UN's dividend (2.48%) is higher than the bottom 25% of dividend payers in the Canadian market (1.85%).
High Dividend: SMU.UN's dividend (2.48%) is low compared to the top 25% of dividend payers in the Canadian market (5.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), SMU.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (91.8%), SMU.UN's dividend payments are covered by cash flows.