SmartCentres Real Estate Investment Trust

TSX:SRU.UN Stock Report

Mkt Cap: CA$4.4b

SmartCentres Real Estate Investment Trust Dividend

Dividend criteria checks 6/6

SmartCentres Real Estate Investment Trust is a dividend paying company with a current yield of 7.26% that is well covered by earnings.

Key information

7.3%

Dividend yield

71%

Payout ratio

Industry average yield5.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$1.85
Earnings per shareCA$2.12
Dividend yield forecast in 3Y7.3%

Recent dividend updates

Recent updates

Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

Feb 22
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Mar 13
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

Mar 02
What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Feb 04
SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Dec 27
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

Dec 11
Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

Aug 28
The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

Jul 30
What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

Dividend Yield vs Market

SmartCentres Real Estate Investment Trust Dividend Yield vs Market
How does SRU.UN dividend yield compare to the market?
SegmentDividend Yield
Company (SRU.UN)7.3%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.2%
Industry Average (Retail REITs)5.5%
Analyst forecast in 3 Years (SRU.UN)7.3%

Notable Dividend: SRU.UN's dividend (7.26%) is higher than the bottom 25% of dividend payers in the Canadian market (1.97%).

High Dividend: SRU.UN's dividend (7.26%) is in the top 25% of dividend payers in the Canadian market (6.19%)


Stability and Growth of Payments

How stable has SmartCentres Real Estate Investment Trust's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20241.857.3%
12/31/20231.857.3%
6/5/20231.857.3%
5/10/20231.857.2%
2/8/20231.856.9%
11/11/20221.856.7%
8/11/20221.856.8%
5/26/20221.856.6%
5/11/20221.856.4%
2/18/20221.855.8%
12/17/20211.855.9%
11/23/20211.856%
10/22/20211.855.8%
9/21/20211.856.1%
7/21/20211.856.1%
6/22/20211.856.2%
5/25/20211.856.3%
4/22/20211.856.4%
3/24/20211.856.7%
2/22/20211.857%
1/22/20211.857.6%
12/23/20201.857.9%
11/19/20201.857.7%
10/27/20201.858.1%
9/24/20201.859%
8/25/20201.858.9%
7/27/20201.859%
6/25/20201.859%
5/25/20201.858.6%
4/24/20201.859.2%
3/25/20201.859.2%
2/19/20201.857.7%
1/17/20201.855.8%
11/20/20191.855.9%
10/17/20191.855.8%
9/19/20191.85.5%
8/20/20191.85.6%
7/18/20191.85.5%
6/19/20191.85.3%
5/17/20191.85.4%
4/18/20191.85.3%
3/19/20191.85.2%
2/20/20191.85.3%
1/17/20191.85.4%
12/20/20181.85.8%
11/19/20181.85.7%
10/18/20181.85.9%
9/19/20181.755.8%
8/20/20181.755.6%
7/19/20181.755.7%
6/19/20181.755.8%
5/17/20181.755.9%
4/19/20181.756.1%
3/21/20181.756%
2/20/20181.756%
12/20/20171.755.8%
10/19/20171.755.9%
9/22/20171.75.7%
8/18/20171.75.7%
6/19/20171.75.4%
5/17/20171.75.4%
4/19/20171.75.3%
3/17/20171.75.2%
2/17/20171.75.2%
1/18/20171.75.3%
12/20/20161.75.3%
11/17/20161.75.5%
10/19/20161.75.3%
9/19/20161.654.7%
8/16/20161.654.6%
7/20/20161.654.4%
6/20/20161.654.4%
5/18/20161.654.7%
4/19/20161.654.9%
3/17/20161.654.9%
2/18/20161.655.1%
1/19/20161.655.4%
12/18/20151.655.5%
11/18/20151.655.2%
10/20/20151.655.2%
9/17/20151.65.3%
8/19/20151.65.5%
7/17/20151.65.3%
6/19/20151.65.4%
5/21/20151.65.5%
4/21/20151.65.3%
3/18/20151.65.4%
2/19/20151.65.4%
1/19/20151.65.2%
12/18/20141.65.6%
11/19/20141.65.8%
8/7/20141.66%
7/17/20141.555.9%
6/18/20141.555.9%
5/20/20141.555.7%
4/17/20141.555.8%
3/19/20141.556%
2/19/20141.556%
1/17/20141.556.2%
12/17/20131.556.2%
11/18/20131.556.2%
10/17/20131.556.1%
9/17/20131.556.3%
8/19/20131.556.3%
7/17/20131.556.1%
6/17/20131.556.1%
5/17/20131.555.6%
4/18/20131.555.2%
3/18/20131.555.3%
2/19/20131.555.3%
11/7/20121.555.3%
8/9/20121.555.3%

Stable Dividend: SRU.UN's dividends per share have been stable in the past 10 years.

Growing Dividend: SRU.UN's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.1%), SRU.UN's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (91.2%), SRU.UN's dividend payments are covered by cash flows.


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