IGB Commercial Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
IGB Commercial Real Estate Investment Trust is a dividend paying company with a current yield of 7.32% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 11th November, 2024.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 21.1% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 11 Nov 24 |
| Dividend per share | RM 0.0388 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IGBCR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGBCR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| IGB Commercial Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGBCR) | 7.3% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (REITs) | 5.2% |
| Analyst forecast (IGBCR) (up to 3 years) | 7.0% |
Notable Dividend: IGBCR's dividend (7.32%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: IGBCR's dividend (7.32%) is in the top 25% of dividend payers in the MY market (4.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), IGBCR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.2%), IGBCR's dividend payments are covered by cash flows.