Broadstone Net Lease Dividend
Dividend criteria checks 3/6
Broadstone Net Lease is a dividend paying company with a current yield of 6.93% that is well covered by earnings.
Key information
6.9%
Dividend yield
66%
Payout ratio
Industry average yield | 9.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$0.65 |
Dividend yield forecast in 3Y | 7.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BNL * has been paying a dividend for less than 10 years.
Growing Dividend: BNL *'s dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Broadstone Net Lease Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BNL *) | 6.9% |
Market Bottom 25% (MX) | 2.1% |
Market Top 25% (MX) | 6.5% |
Industry Average (REITs) | 9.6% |
Analyst forecast in 3 Years (BNL *) | 7.4% |
Notable Dividend: BNL *'s dividend (6.93%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BNL *'s dividend (6.93%) 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 (66.2%), BNL *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (96.7%), BNL *'s dividend payments are covered by cash flows.