Primaris Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
Primaris Real Estate Investment Trust is a dividend paying company with a current yield of 5.29% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
5.3%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 0.2% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €0.840 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, H0D has been paying a dividend for less than 10 years.
Growing Dividend: H0D's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Primaris Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (H0D) | 5.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Retail REITs) | 5.5% |
| Analyst forecast (H0D) (up to 3 years) | 5.4% |
Notable Dividend: H0D's dividend (5.29%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: H0D's dividend (5.29%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), H0D's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.4%), H0D's dividend payments are well covered by cash flows.