Centerspace Dividend
Dividend criteria checks 3/6
Centerspace is a dividend paying company with a current yield of 4.36% that is well covered by earnings.
Key information
4.4%
Dividend yield
62%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -US$0.84 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Centerspace: A Value Buy In The Multifamily Space
Jan 27Centerspace: Viewed Neutrally Despite Positive Developments And Forward Guidance
Nov 06Centerspace: Improving Debt Position, Shares Fairly Valued
Aug 09Centerspace: Rental Growth Will Fuel Growth In 2023 And Beyond
May 30Centerspace FFO of $1.17 misses by $0.01, revenue of $67.85M beats by $0.87M
Feb 21Centerspace FFO of $1.13 misses by $0.04, revenue of $65.44M beats by $0.87M
Oct 31Centerspace declares $0.73 dividend
Sep 02Centerspace: The Mountains Are Calling This Multifamily REIT
Aug 23Centerspace Q2 FFO, revenue beats, FY22 FFO guidance raised
Aug 01Centerspace: Multifamily Opportunity In Minneapolis? Really? Really.
Mar 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSR's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Centerspace Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSR) | 4.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Residential REITs) | 3.8% |
| Analyst forecast in 3 Years (CSR) | 4.6% |
Notable Dividend: CSR's dividend (4.36%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CSR's dividend (4.36%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), CSR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), CSR's dividend payments are covered by cash flows.