Trade Estates REIC Dividends and Buybacks
Dividend criteria checks 3/6
Trade Estates REIC is a dividend paying company with a current yield of 4.97% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
5.0%
Dividend yield
-28.8%
Buyback Yield
| Total Shareholder Yield | -23.8% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | n/a |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | €0.080 |
| Payout ratio | 97% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TRESTATES's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TRESTATES's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Trade Estates REIC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRESTATES) | 5.0% |
| Market Bottom 25% (GR) | 2.1% |
| Market Top 25% (GR) | 5.7% |
| Industry Average (Retail REITs) | 5.6% |
| Analyst forecast (TRESTATES) (up to 3 years) | 4.3% |
Notable Dividend: TRESTATES's dividend (4.97%) is higher than the bottom 25% of dividend payers in the Greek market (2.13%).
High Dividend: TRESTATES's dividend (4.97%) is low compared to the top 25% of dividend payers in the Greek market (5.75%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (96.7%), TRESTATES's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.1%), TRESTATES's dividend payments are covered by cash flows.