Elme Communities Dividends and Buybacks
Dividend criteria checks 3/6
Elme Communities is a dividend paying company with a current yield of 4.54% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 19th December, 2024.
Key information
4.5%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 0.03% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 19 Dec 24 |
| Dividend per share | €0.720 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WRI's dividend payments have been volatile in the past 10 years.
Growing Dividend: WRI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Elme Communities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WRI) | 4.5% |
| Market Bottom 25% (DE) | 0% |
| Market Top 25% (DE) | 0% |
| Industry Average (Residential REITs) | 0% |
| Analyst forecast (WRI) (up to 3 years) | 5.0% |
Notable Dividend: WRI's dividend (4.54%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: WRI's dividend (4.54%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.4%), WRI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.1%), WRI's dividend payments are covered by cash flows.