Sirius Real Estate Limited

BMV:SRET N Stock Report

Market Cap: Mex$22.2b

Sirius Real Estate Dividend

Dividend criteria checks 3/6

Sirius Real Estate is a dividend paying company with a current yield of 5.85% that is well covered by earnings. Last payment was on 17th August, 2023 with an ex-dividend date of 13th July, 2023.

Key information

5.8%

Dividend yield

83%

Payout ratio

Industry average yield4.2%
Next dividend pay date17 Aug 23
Ex dividend date13 Jul 23
Dividend per sharen/a
Earnings per shareMex$0.068
Dividend yield forecast5.9%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, SRET N has been paying a dividend for less than 10 years.

Growing Dividend: SRET N's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Sirius Real Estate Dividend Yield vs Market
How does SRET N dividend yield compare to the market?
SegmentDividend Yield
Company (SRET N)5.8%
Market Bottom 25% (MX)2.2%
Market Top 25% (MX)7.0%
Industry Average (Real Estate)4.2%
Analyst forecast (SRET N) (up to 3 years)5.9%

Notable Dividend: SRET N's dividend (5.85%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).

High Dividend: SRET N's dividend (5.85%) is low compared to the top 25% of dividend payers in the MX market (7.29%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.3%), SRET N's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (64.5%), SRET N's dividend payments are covered by cash flows.


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