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 8.24% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
8.2%
Dividend yield
67%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | €2.86 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C7J1's dividends per share have been stable in the past 10 years.
Growing Dividend: C7J1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
SmartCentres Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (C7J1) | 8.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Retail REITs) | 5.3% |
Analyst forecast in 3 Years (C7J1) | 8.2% |
Notable Dividend: C7J1's dividend (8.24%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: C7J1's dividend (8.24%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.7%), C7J1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (97%), C7J1's dividend payments are covered by cash flows.