Sun Residential Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Sun Residential Real Estate Investment Trust is a dividend paying company with a current yield of 8.36% that is well covered by earnings.
Key information
8.4%
Dividend yield
80%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -CA$0.018 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SRES's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SRES's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Sun Residential Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SRES) | 8.4% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Residential REITs) | 3.4% |
Analyst forecast in 3 Years (SRES) | n/a |
Notable Dividend: SRES's dividend (8.36%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: SRES's dividend (8.36%) is in the top 25% of dividend payers in the Canadian market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), SRES's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), SRES's dividend payments are well covered by cash flows.