Al-Salam Real Estate Investment Trust Dividend
Dividend criteria checks 3/6
Al-Salam Real Estate Investment Trust is a dividend paying company with a current yield of 2.89% that is well covered by earnings.
Key information
2.9%
Dividend yield
35%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | RM0.037 |
| Dividend yield forecast in 3Y | 8.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALSREIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALSREIT has only been paying a dividend for 8 years, and since then payments have not increased.
Dividend Yield vs Market
| Al-Salam Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALSREIT) | 2.9% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (REITs) | 5.3% |
| Analyst forecast in 3 Years (ALSREIT) | 8.2% |
Notable Dividend: ALSREIT's dividend (2.89%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: ALSREIT's dividend (2.89%) is low compared to the top 25% of dividend payers in the MY market (4.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), ALSREIT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.5%), ALSREIT's dividend payments are well covered by cash flows.