Citicore Energy REIT Dividends and Buybacks
Dividend criteria checks 4/6
Citicore Energy REIT is a dividend paying company with a current yield of 7.08% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 11th December, 2024.
Key information
7.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 7.1% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 2.2% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 11 Dec 24 |
| Dividend per share | ₱0.216 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CREIT has been paying a dividend for less than 10 years.
Growing Dividend: CREIT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Citicore Energy REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CREIT) | 7.1% |
| Market Bottom 25% (PH) | 2.1% |
| Market Top 25% (PH) | 6.7% |
| Industry Average (Specialized REITs) | 5.4% |
| Analyst forecast (CREIT) (up to 3 years) | 6.1% |
Notable Dividend: CREIT's dividend (7.08%) is higher than the bottom 25% of dividend payers in the PH market (2.09%).
High Dividend: CREIT's dividend (7.08%) is in the top 25% of dividend payers in the PH market (6.7%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), CREIT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.6%), CREIT's dividend payments are covered by cash flows.