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 yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$1.85 |
| Earnings per share | CA$2.12 |
| Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
Recent updates
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?
Feb 22
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)
Mar 13What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition
Mar 02SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year
Feb 04
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares
Dec 27Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?
Dec 11The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares
Aug 28What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?
Jul 30Dividend Yield vs Market
| SmartCentres Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 1.85 | 7.3% |
| 12/31/2023 | 1.85 | 7.3% |
| 6/5/2023 | 1.85 | 7.3% |
| 5/10/2023 | 1.85 | 7.2% |
| 2/8/2023 | 1.85 | 6.9% |
| 11/11/2022 | 1.85 | 6.7% |
| 8/11/2022 | 1.85 | 6.8% |
| 5/26/2022 | 1.85 | 6.6% |
| 5/11/2022 | 1.85 | 6.4% |
| 2/18/2022 | 1.85 | 5.8% |
| 12/17/2021 | 1.85 | 5.9% |
| 11/23/2021 | 1.85 | 6% |
| 10/22/2021 | 1.85 | 5.8% |
| 9/21/2021 | 1.85 | 6.1% |
| 7/21/2021 | 1.85 | 6.1% |
| 6/22/2021 | 1.85 | 6.2% |
| 5/25/2021 | 1.85 | 6.3% |
| 4/22/2021 | 1.85 | 6.4% |
| 3/24/2021 | 1.85 | 6.7% |
| 2/22/2021 | 1.85 | 7% |
| 1/22/2021 | 1.85 | 7.6% |
| 12/23/2020 | 1.85 | 7.9% |
| 11/19/2020 | 1.85 | 7.7% |
| 10/27/2020 | 1.85 | 8.1% |
| 9/24/2020 | 1.85 | 9% |
| 8/25/2020 | 1.85 | 8.9% |
| 7/27/2020 | 1.85 | 9% |
| 6/25/2020 | 1.85 | 9% |
| 5/25/2020 | 1.85 | 8.6% |
| 4/24/2020 | 1.85 | 9.2% |
| 3/25/2020 | 1.85 | 9.2% |
| 2/19/2020 | 1.85 | 7.7% |
| 1/17/2020 | 1.85 | 5.8% |
| 11/20/2019 | 1.85 | 5.9% |
| 10/17/2019 | 1.85 | 5.8% |
| 9/19/2019 | 1.8 | 5.5% |
| 8/20/2019 | 1.8 | 5.6% |
| 7/18/2019 | 1.8 | 5.5% |
| 6/19/2019 | 1.8 | 5.3% |
| 5/17/2019 | 1.8 | 5.4% |
| 4/18/2019 | 1.8 | 5.3% |
| 3/19/2019 | 1.8 | 5.2% |
| 2/20/2019 | 1.8 | 5.3% |
| 1/17/2019 | 1.8 | 5.4% |
| 12/20/2018 | 1.8 | 5.8% |
| 11/19/2018 | 1.8 | 5.7% |
| 10/18/2018 | 1.8 | 5.9% |
| 9/19/2018 | 1.75 | 5.8% |
| 8/20/2018 | 1.75 | 5.6% |
| 7/19/2018 | 1.75 | 5.7% |
| 6/19/2018 | 1.75 | 5.8% |
| 5/17/2018 | 1.75 | 5.9% |
| 4/19/2018 | 1.75 | 6.1% |
| 3/21/2018 | 1.75 | 6% |
| 2/20/2018 | 1.75 | 6% |
| 12/20/2017 | 1.75 | 5.8% |
| 10/19/2017 | 1.75 | 5.9% |
| 9/22/2017 | 1.7 | 5.7% |
| 8/18/2017 | 1.7 | 5.7% |
| 6/19/2017 | 1.7 | 5.4% |
| 5/17/2017 | 1.7 | 5.4% |
| 4/19/2017 | 1.7 | 5.3% |
| 3/17/2017 | 1.7 | 5.2% |
| 2/17/2017 | 1.7 | 5.2% |
| 1/18/2017 | 1.7 | 5.3% |
| 12/20/2016 | 1.7 | 5.3% |
| 11/17/2016 | 1.7 | 5.5% |
| 10/19/2016 | 1.7 | 5.3% |
| 9/19/2016 | 1.65 | 4.7% |
| 8/16/2016 | 1.65 | 4.6% |
| 7/20/2016 | 1.65 | 4.4% |
| 6/20/2016 | 1.65 | 4.4% |
| 5/18/2016 | 1.65 | 4.7% |
| 4/19/2016 | 1.65 | 4.9% |
| 3/17/2016 | 1.65 | 4.9% |
| 2/18/2016 | 1.65 | 5.1% |
| 1/19/2016 | 1.65 | 5.4% |
| 12/18/2015 | 1.65 | 5.5% |
| 11/18/2015 | 1.65 | 5.2% |
| 10/20/2015 | 1.65 | 5.2% |
| 9/17/2015 | 1.6 | 5.3% |
| 8/19/2015 | 1.6 | 5.5% |
| 7/17/2015 | 1.6 | 5.3% |
| 6/19/2015 | 1.6 | 5.4% |
| 5/21/2015 | 1.6 | 5.5% |
| 4/21/2015 | 1.6 | 5.3% |
| 3/18/2015 | 1.6 | 5.4% |
| 2/19/2015 | 1.6 | 5.4% |
| 1/19/2015 | 1.6 | 5.2% |
| 12/18/2014 | 1.6 | 5.6% |
| 11/19/2014 | 1.6 | 5.8% |
| 8/7/2014 | 1.6 | 6% |
| 7/17/2014 | 1.55 | 5.9% |
| 6/18/2014 | 1.55 | 5.9% |
| 5/20/2014 | 1.55 | 5.7% |
| 4/17/2014 | 1.55 | 5.8% |
| 3/19/2014 | 1.55 | 6% |
| 2/19/2014 | 1.55 | 6% |
| 1/17/2014 | 1.55 | 6.2% |
| 12/17/2013 | 1.55 | 6.2% |
| 11/18/2013 | 1.55 | 6.2% |
| 10/17/2013 | 1.55 | 6.1% |
| 9/17/2013 | 1.55 | 6.3% |
| 8/19/2013 | 1.55 | 6.3% |
| 7/17/2013 | 1.55 | 6.1% |
| 6/17/2013 | 1.55 | 6.1% |
| 5/17/2013 | 1.55 | 5.6% |
| 4/18/2013 | 1.55 | 5.2% |
| 3/18/2013 | 1.55 | 5.3% |
| 2/19/2013 | 1.55 | 5.3% |
| 11/7/2012 | 1.55 | 5.3% |
| 8/9/2012 | 1.55 | 5.3% |
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.