Lar España Real Estate SOCIMI Dividend
Dividend criteria checks 4/6
Lar España Real Estate SOCIMI is a dividend paying company with a current yield of 10.64% that is well covered by earnings.
Key information
10.6%
Dividend yield
73%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €0.44 |
| Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LRE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LRE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Lar España Real Estate SOCIMI Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LRE) | 10.6% |
| Market Bottom 25% (ES) | 2.3% |
| Market Top 25% (ES) | 5.9% |
| Industry Average (Retail REITs) | 3.6% |
| Analyst forecast in 3 Years (LRE) | 9.7% |
Notable Dividend: LRE's dividend (10.64%) is higher than the bottom 25% of dividend payers in the Spanish market (2.33%).
High Dividend: LRE's dividend (10.64%) is in the top 25% of dividend payers in the Spanish market (5.92%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), LRE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (96.1%), LRE's dividend payments are covered by cash flows.