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 8.81% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
8.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 9.7% |
| Dividend Growth | 15.6% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | UK£0.0546 |
| Payout ratio | 76% |
Upcoming Dividend Payment
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) | 8.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Residential REITs) | 4.4% |
| Analyst forecast (SOHO) (up to 3 years) | 9.7% |
Notable Dividend: SOHO's dividend (8.81%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: SOHO's dividend (8.81%) 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 (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.