Axis Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 5/6
Axis Real Estate Investment Trust is a dividend paying company with a current yield of 4.91% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 11th November, 2024.
Key information
4.9%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 11 Nov 24 |
| Dividend per share | RM 0.0865 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?
Mar 18
Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return
Feb 11
Does 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 12Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AXREIT) | 4.9% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (REITs) | 5.1% |
| Analyst forecast (AXREIT) (up to 3 years) | 5.8% |
Notable Dividend: AXREIT's dividend (4.91%) is higher than the bottom 25% of dividend payers in the MY market (1.91%).
High Dividend: AXREIT's dividend (4.91%) is in the top 25% of dividend payers in the MY market (4.89%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.4%), AXREIT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.3%), AXREIT's dividend payments are covered by cash flows.