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.
Key information
7.3%
Dividend yield
69%
Payout ratio
| 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
Recent updates
Upcoming Dividend Payment
Dividend Yield vs Market
| Citicore Energy REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CREIT) | 7.3% |
| 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 (%) |
|---|---|---|
| 12/31/2025 | 0.24 | 9.2% |
| 12/31/2024 | 0.21 | 8.3% |
| 12/31/2023 | 0.2 | 7.9% |
| 6/2/2023 | 0.19 | 7.3% |
| 5/11/2023 | 0.19 | 7.4% |
| 3/23/2023 | 0.18 | 7.1% |
| 11/9/2022 | 0.18 | 7.5% |
| 9/30/2022 | 0.18 | 8.2% |
| 7/27/2022 | 0.18 | 7.5% |
| 5/18/2022 | 0.18 | 7.2% |
| 5/17/2022 | 0.18 | 7.2% |
| 4/19/2022 | 0.14 | 5.5% |
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.