Tritax Big Box REIT Dividend
Dividend criteria checks 3/6
Tritax Big Box REIT is a dividend paying company with a current yield of 5.03% that is well covered by earnings.
Key information
5.0%
Dividend yield
73%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -Mex$0.32 |
| Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BBOX N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BBOX N's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Tritax Big Box REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BBOX N) | 5.0% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 6.6% |
| Industry Average (Industrial REITs) | 5.5% |
| Analyst forecast in 3 Years (BBOX N) | 5.9% |
Notable Dividend: BBOX N's dividend (5.03%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BBOX N's dividend (5.03%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.8%), BBOX N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.7%), BBOX N's dividend payments are covered by cash flows.