First Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
First Real Estate Investment Trust is a dividend paying company with a current yield of 10.12% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 7th May, 2024.
Key information
10.1%
Dividend yield
77%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.03 |
| Dividend yield forecast in 3Y | 11.1% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AW9U's dividend payments have been volatile in the past 10 years.
Growing Dividend: AW9U's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| First Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AW9U) | 10.1% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Health Care REITs) | 4.9% |
| Analyst forecast in 3 Years (AW9U) | 11.1% |
Notable Dividend: AW9U's dividend (10.12%) is higher than the bottom 25% of dividend payers in the SG market (2.77%).
High Dividend: AW9U's dividend (10.12%) is in the top 25% of dividend payers in the SG market (6.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), AW9U's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.8%), AW9U's dividend payments are covered by cash flows.