City Office REIT Dividends and Buybacks
Dividend criteria checks 3/6
City Office REIT is a dividend paying company with a current yield of 8.13%.
Key information
8.1%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 8.7% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | 0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.400 |
| Payout ratio | 220% |
Recent dividend and buyback updates
Recent updates
City Office REIT: The Preferreds Are Still Too Discounted, 8.7% Dividend Yield
Sep 28City Office REIT: I Will Buy More 9.4% Yielding Preferred Shares
Jul 27City Office REIT: The 8.4% Dividend Yield Looks Stable
May 13I Went Heavy On Buying City Office REIT's 9.7% Yielding Preferreds
Mar 03City Office REIT: Deep Value Or 7.3% Dividend Yield Trap?
Jan 21City Office REIT: Fortune Favors The Brave
Nov 06City Office REIT: Exploring The Value Of Preferred Shares
Aug 22City Office REIT: Opportunity To Capture 9.7% Yield Via Preferred Shares
Jun 26City Office REIT: I'm Holding Onto My 9.7% Yielding Preferred Shares
Jun 14City Office REIT Q4 2022 Earnings Preview
Feb 22City Office REIT: 9.9% Yield And Plenty Of Upside
Jan 10City Office REIT: The Preferred Shares Now Offer A 9% Yield
Dec 10City Office REIT Q3 2022 Earnings Preview
Nov 04City Office REIT declares $0.20 dividend
Sep 15City Office REIT: A 7% Yielding Small Cap That Could Deliver Big Returns
Sep 09City Office REIT Q2 2022 Earnings Preview
Aug 03City Office: Overlooked Value In The Sector Most Vile
Jun 30City Office REIT: I Like The 7.1% Yielding Preferred Shares
Jun 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIO's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| City Office REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIO) | 8.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Office REITs) | 4.5% |
| Analyst forecast (CIO) (up to 3 years) | 8.1% |
Notable Dividend: CIO's dividend (8.13%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: CIO's dividend (8.13%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (219.6%), CIO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), CIO's dividend payments are well covered by cash flows.