Phillips Edison is a dividend paying company with a current yield of 3.59% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 17th June, 2024.
Key information
3.6%
Dividend yield
46%
Payout ratio
Industry average yield
5.2%
Next dividend pay date
02 Jul 24
Ex dividend date
17 Jun 24
Dividend per share
n/a
Earnings per share
€0.47
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9R4 has been paying a dividend for less than 10 years.
Growing Dividend: 9R4's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Phillips Edison Dividend Yield vs Market
How does 9R4 dividend yield compare to the market?
Segment
Dividend Yield
Company (9R4)
3.6%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Retail REITs)
5.2%
Analyst forecast in 3 Years (9R4)
3.9%
Notable Dividend: 9R4's dividend (3.59%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 9R4's dividend (3.59%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 9R4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.9%), 9R4's dividend payments are covered by cash flows.