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.
|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|
|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.