Shurgard Self Storage Dividends and Buybacks
Dividend criteria checks 3/6
Shurgard Self Storage is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
-7.8%
Buyback Yield
| Total Shareholder Yield | -4.8% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 9.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.170 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SHURB has been paying a dividend for less than 10 years.
Growing Dividend: SHURB's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shurgard Self Storage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHURB) | 3.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Specialized REITs) | 3.6% |
| Analyst forecast (SHURB) (up to 3 years) | 3.0% |
Notable Dividend: SHURB's dividend (3%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: SHURB's dividend (3%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), SHURB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.6%), SHURB's dividend payments are covered by cash flows.