Globe Residency REIT Dividends and Buybacks
Dividend criteria checks 2/6
Globe Residency REIT is a dividend paying company with a current yield of 12.84%.
Key information
12.8%
Dividend yield
33.1%
Buyback Yield
| Total Shareholder Yield | 45.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.750 |
| Payout ratio | 97% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GRR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GRR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Globe Residency REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRR) | 12.8% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.8% |
| Industry Average (Capital Markets) | 9.1% |
| Analyst forecast (GRR) (up to 3 years) | n/a |
Notable Dividend: GRR's dividend (12.84%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: GRR's dividend (12.84%) is in the top 25% of dividend payers in the PK market (10.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.6%), GRR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GRR is paying a dividend but the company has no free cash flows.