PRS REIT Dividend
Dividend criteria checks 3/6
PRS REIT is a dividend paying company with a current yield of 5.09% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.1%
Dividend yield
49%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 09 May 24 |
Dividend per share | n/a |
Earnings per share | UK£0.11 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRSR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRSR has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
PRS REIT Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PRSR) | 5.1% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Residential REITs) | 4.1% |
Analyst forecast in 3 Years (PRSR) | 5.5% |
Notable Dividend: PRSR's dividend (5.09%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: PRSR's dividend (5.09%) is low compared to the top 25% of dividend payers in the UK market (5.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.9%), PRSR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), PRSR's dividend payments are well covered by cash flows.