Citicore Energy REIT Dividend
Dividend criteria checks 4/6
Citicore Energy REIT is a dividend paying company with a current yield of 7.34% that is well covered by earnings. Next payment date is on 6th July, 2023 with an ex-dividend date of 6th June, 2023.
|Industry average yield||5.4%|
|Next dividend pay date||06 Jul 23|
|Ex dividend date||06 Jun 23|
|Dividend per share||₱0.19|
|Earnings per share||₱0.19|
|Dividend yield forecast in 3Y||9.2%|
Recent dividend updates
Upcoming Dividend Payment
Dividend Yield vs Market
|Citicore Energy REIT Dividend Yield vs Market|
|Market Bottom 25% (PH)||1.7%|
|Market Top 25% (PH)||5.8%|
|Industry Average (Specialized REITs)||5.4%|
|Analyst forecast in 3 Years (CREIT)||9.2%|
Notable Dividend: CREIT's dividend (7.34%) is higher than the bottom 25% of dividend payers in the PH market (1.73%).
High Dividend: CREIT's dividend (7.34%) is in the top 25% of dividend payers in the PH market (5.62%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Too early to tell whether CREIT's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CREIT's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), CREIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (99.7%), CREIT's dividend payments are covered by cash flows.