Triple Point Social Housing REIT Dividends and Buybacks
Dividend criteria checks 4/6
Triple Point Social Housing REIT is a dividend paying company with a current yield of 8.88% that is well covered by earnings.
Key information
8.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 8.9% |
| Future Dividend Yield | 9.8% |
| Dividend Growth | 15.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.0546 |
| Payout ratio | 76% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SOHO has been paying a dividend for less than 10 years.
Growing Dividend: SOHO's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Triple Point Social Housing REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOHO) | 8.9% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Residential REITs) | 4.5% |
| Analyst forecast (SOHO) (up to 3 years) | 9.8% |
Notable Dividend: SOHO's dividend (8.88%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: SOHO's dividend (8.88%) is in the top 25% of dividend payers in the UK market (5.98%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.5%), SOHO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), SOHO's dividend payments are covered by cash flows.