Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust is a dividend paying company with a current yield of 9.23% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
9.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | ฿0.789 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PROSPECT has been paying a dividend for less than 10 years.
Growing Dividend: PROSPECT's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PROSPECT) | 9.2% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Industrial REITs) | 8.4% |
| Analyst forecast (PROSPECT) (up to 3 years) | n/a |
Notable Dividend: PROSPECT's dividend (9.23%) is higher than the bottom 25% of dividend payers in the TH market (2.52%).
High Dividend: PROSPECT's dividend (9.23%) is in the top 25% of dividend payers in the TH market (6.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), PROSPECT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), PROSPECT's dividend payments are covered by cash flows.