Orion Office REIT Dividends and Buybacks
Dividend criteria checks 4/6
Orion Office REIT is a dividend paying company with a current yield of 10.23% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
10.2%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 10.3% |
| Future Dividend Yield | 10.2% |
| Dividend Growth | 44.9% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €0.400 |
| Payout ratio | 40% |
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, 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) | 10.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Office REITs) | 5.2% |
| Analyst forecast (OY9) (up to 3 years) | 10.2% |
Notable Dividend: OY9's dividend (10.23%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: OY9's dividend (10.23%) is in the top 25% of dividend payers in the German market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), OY9's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.1%), OY9's dividend payments are covered by cash flows.