Triple Point Social Housing REIT Dividend
Dividend criteria checks 4/6
Triple Point Social Housing REIT is a dividend paying company with a current yield of 8.98% that is well covered by earnings.
Key information
9.0%
Dividend yield
84%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | UK£0.089 |
| Dividend yield forecast in 3Y | 9.8% |
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 6 years.
Dividend Yield vs Market
| Triple Point Social Housing REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOHO) | 9.0% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Residential REITs) | 4.3% |
| Analyst forecast in 3 Years (SOHO) | 9.8% |
Notable Dividend: SOHO's dividend (8.98%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: SOHO's dividend (8.98%) is in the top 25% of dividend payers in the UK market (5.87%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.6%), SOHO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.1%), SOHO's dividend payments are covered by cash flows.