MREIT Dividends and Buybacks
Dividend criteria checks 2/6
MREIT is a dividend paying company with a current yield of 7.47%. Next payment date is on 3rd December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
7.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 9.0% |
| Dividend Growth | 9.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | ₱0.987 |
| Payout ratio | 118% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MREIT has been paying a dividend for less than 10 years.
Growing Dividend: MREIT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| MREIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MREIT) | 7.5% |
| Market Bottom 25% (PH) | 2.1% |
| Market Top 25% (PH) | 6.7% |
| Industry Average (Office REITs) | 6.7% |
| Analyst forecast (MREIT) (up to 3 years) | 9.0% |
Notable Dividend: MREIT's dividend (7.47%) is higher than the bottom 25% of dividend payers in the PH market (2.09%).
High Dividend: MREIT's dividend (7.47%) is in the top 25% of dividend payers in the PH market (6.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.7%), MREIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118%), MREIT's dividend payments are not well covered by cash flows.