Axis Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Axis Real Estate Investment Trust is a dividend paying company with a current yield of 4.51% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
4.5%
Dividend yield
71%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 07 May 24 |
Dividend per share | n/a |
Earnings per share | RM0.13 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?
Mar 18Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return
Feb 11Does Axis Real Estate Investment Trust (KLSE:AXREIT) Deserve A Spot On Your Watchlist?
Jan 07Are Axis Real Estate Investment Trust's (KLSE:AXREIT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 12Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AXREIT's dividends per share have been stable in the past 10 years.
Growing Dividend: AXREIT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Axis Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AXREIT) | 4.5% |
Market Bottom 25% (MY) | 1.8% |
Market Top 25% (MY) | 4.5% |
Industry Average (REITs) | 5.3% |
Analyst forecast in 3 Years (AXREIT) | 5.5% |
Notable Dividend: AXREIT's dividend (4.51%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: AXREIT's dividend (4.51%) is low compared to the top 25% of dividend payers in the MY market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), AXREIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.9%), AXREIT's dividend payments are covered by cash flows.