Tower Real Estate Investment Trust Dividend
What is Tower Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.78%
Current Dividend Yield
Dividend Yield vs Market
| Tower Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TWRREIT) | 3.8% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 5.0% |
| Industry Average (REITs) | 4.8% |
| Analyst forecast in 3 Years (TWRREIT) | n/a |
Notable Dividend: TWRREIT's dividend (3.78%) is higher than the bottom 25% of dividend payers in the MY market (1.94%).
High Dividend: TWRREIT's dividend (3.78%) is low compared to the top 25% of dividend payers in the MY market (5%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/22/2023 | 0.018 | 3.78 |
| 7/30/2022 | 0.018 | 3.89 |
| 1/21/2022 | 0.024 | 4.54 |
| 8/7/2021 | 0.022 | 3.85 |
| 7/23/2020 | 0.024 | 4.09 |
| 1/20/2020 | 0.072 | 10.08 |
| 8/29/2019 | 0.053 | 6.35 |
| 1/25/2019 | 0.041 | 4.6 |
| 10/26/2018 | 0.041 | 4.49 |
| 7/31/2018 | 0.042 | 4.43 |
| 2/6/2018 | 0.06 | 5.89 |
| 8/7/2017 | 0.069 | 5.76 |
| 1/23/2017 | 0.069 | 5.76 |
| 1/28/2016 | 0.069 | 5.76 |
| 11/26/2015 | 0.064 | 5.33 |
| 7/23/2015 | 0.064 | 5.47 |
| 1/28/2015 | 0.07 | 5.56 |
| 7/21/2014 | 0.094 | 7.28 |
| 1/27/2014 | 0.11 | 7.48 |
| 7/24/2013 | 0.11 | 7.26 |
| 1/29/2013 | 0.12 | 7.46 |
| 2/28/2012 | 0.11 | 7.58 |
Stable Dividend: TWRREIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: TWRREIT's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), TWRREIT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.8%), TWRREIT's dividend payments are well covered by cash flows.