Orion Office REIT Dividend
Dividend criteria checks 4/6
Orion Office REIT is a dividend paying company with a current yield of 9.85% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
9.9%
Dividend yield
33%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | €0.400 |
| Earnings per share | -€1.66 |
| Dividend yield forecast | 9.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, OY9 has been paying a dividend for less than 10 years.
Growing Dividend: OY9 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Orion Office REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OY9) | 9.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Office REITs) | 5.0% |
| Analyst forecast (OY9) (up to 3 years) | 9.9% |
Notable Dividend: OY9's dividend (9.85%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: OY9's dividend (9.85%) 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 (32.9%), OY9's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42%), OY9's dividend payments are well covered by cash flows.