Elite UK REIT Dividends and Buybacks
Dividend criteria checks 4/6
Elite UK REIT is a dividend paying company with a current yield of 9.82% that is well covered by earnings.
Key information
9.8%
Dividend yield
-16.2%
Buyback Yield
| Total Shareholder Yield | -6.4% |
| Future Dividend Yield | 11.1% |
| Dividend Growth | 13.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.028 |
| Payout ratio | 37% |
Recent dividend and buyback 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 UK REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MXNU) | 9.8% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.0% |
| Industry Average (Office REITs) | 5.5% |
| Analyst forecast (MXNU) (up to 3 years) | 11.1% |
Notable Dividend: MXNU's dividend (9.82%) is higher than the bottom 25% of dividend payers in the SG market (2.71%).
High Dividend: MXNU's dividend (9.82%) is in the top 25% of dividend payers in the SG market (5.99%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), MXNU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.5%), MXNU's dividend payments are well covered by cash flows.