Canadian Net Real Estate Investment Trust Dividend
Dividend criteria checks 6/6
Canadian Net Real Estate Investment Trust is a dividend paying company with a current yield of 6.97% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
7.0%
Dividend yield
54%
Payout ratio
| Industry average yield | 8.0% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.89 |
| Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease
Nov 20
The CEO Of Fronsac Real Estate Investment Trust (CVE:FRO.UN) Might See A Pay Rise On The Horizon
May 15Here's Why I Think Fronsac Real Estate Investment Trust (CVE:FRO.UN) Is An Interesting Stock
Mar 08Is Fronsac Real Estate Investment Trust's (CVE:FRO.UN) 10% ROE Better Than Average?
Feb 01
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NET.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: NET.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canadian Net Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NET.UN) | 7.0% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (REITs) | 8.0% |
| Analyst forecast in 3 Years (NET.UN) | 7.1% |
Notable Dividend: NET.UN's dividend (6.97%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: NET.UN's dividend (6.97%) is in the top 25% of dividend payers in the Canadian market (6.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.3%), NET.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63%), NET.UN's dividend payments are covered by cash flows.