Care REIT is a dividend paying company with a current yield of 7.95% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
8.0%
Dividend yield
77%
Payout ratio
Industry average yield
7.4%
Next dividend pay date
22 Nov 24
Ex dividend date
07 Nov 24
Dividend per share
UK£0.0695
Earnings per share
UK£0.11
Dividend yield forecast
8.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IHRL has been paying a dividend for less than 10 years.
Growing Dividend: IHRL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Care REIT Dividend Yield vs Market
How does IHRL dividend yield compare to the market?
Segment
Dividend Yield
Company (IHRL)
8.0%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Health Care REITs)
7.4%
Analyst forecast (IHRL) (up to 3 years)
8.5%
Notable Dividend: IHRL's dividend (7.95%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: IHRL's dividend (7.95%) is in the top 25% of dividend payers in the UK market (5.83%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77%), IHRL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.5%), IHRL's dividend payments are covered by cash flows.