Care REIT Dividend
Dividend criteria checks 4/6
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 |
|---|
| 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.