Tritax Big Box REIT Dividend
Dividend criteria checks 3/6
Tritax Big Box REIT is a dividend paying company with a current yield of 4.41% that is well covered by earnings.
Key information
4.4%
Dividend yield
71%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -UK£0.50 |
| Dividend yield forecast in 3Y | 5.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BBOX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BBOX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Tritax Big Box REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BBOX) | 4.4% |
| Market Bottom 25% (GB) | 2.3% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Industrial REITs) | 3.9% |
| Analyst forecast in 3 Years (BBOX) | 5.2% |
Notable Dividend: BBOX's dividend (4.41%) is higher than the bottom 25% of dividend payers in the UK market (2.29%).
High Dividend: BBOX's dividend (4.41%) is low compared to the top 25% of dividend payers in the UK market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.8%), BBOX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.3%), BBOX's dividend payments are covered by cash flows.