Elite Commercial REIT Dividend
Dividend criteria checks 4/6
Elite Commercial REIT is a dividend paying company with a current yield of 14.55% that is well covered by earnings.
Key information
14.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -UK£0.038 |
| Dividend yield forecast in 3Y | 12.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MXNU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MXNU has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Elite Commercial REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MXNU) | 14.6% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.3% |
| Industry Average (Office REITs) | 5.6% |
| Analyst forecast in 3 Years (MXNU) | 12.0% |
Notable Dividend: MXNU's dividend (14.55%) is higher than the bottom 25% of dividend payers in the SG market (2.78%).
High Dividend: MXNU's dividend (14.55%) is in the top 25% of dividend payers in the SG market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), MXNU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.1%), MXNU's dividend payments are well covered by cash flows.