Centerspace Dividend
Dividend criteria checks 3/6
Centerspace is a dividend paying company with a current yield of 4.19% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
4.2%
Dividend yield
61%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | 10 Oct 24 |
Ex dividend date | 30 Sep 24 |
Dividend per share | €3.000 |
Earnings per share | -€0.79 |
Dividend yield forecast | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WXC1's dividend payments have been volatile in the past 10 years.
Growing Dividend: WXC1's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Centerspace Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WXC1) | 4.2% |
Market Bottom 25% (DE) | 0% |
Market Top 25% (DE) | 0% |
Industry Average (Residential REITs) | 0% |
Analyst forecast (WXC1) (up to 3 years) | 4.4% |
Notable Dividend: WXC1's dividend (4.19%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: WXC1's dividend (4.19%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), WXC1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53%), WXC1's dividend payments are covered by cash flows.