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 yield | 4.2% |
| Next dividend pay date | 17 Aug 23 |
| Ex dividend date | 13 Jul 23 |
| Dividend per share | n/a |
| Earnings per share | Mex$0.068 |
| Dividend yield forecast | 5.9% |
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 |
|---|
| Segment | Dividend 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.