Global Medical REIT Dividend
Dividend criteria checks 4/6
Global Medical REIT is a dividend paying company with a current yield of 10%.
Key information
10.0%
Dividend yield
111%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.23 |
Dividend yield forecast in 3Y | 10.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GMRE.PRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMRE.PRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Global Medical REIT Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GMRE.PRA) | 10.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Health Care REITs) | 4.6% |
Analyst forecast in 3 Years (GMRE.PRA) | 10.6% |
Notable Dividend: GMRE.PRA's dividend (10%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GMRE.PRA's dividend (10%) is in the top 25% of dividend payers in the US market (4.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.1%), GMRE.PRA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.3%), GMRE.PRA's dividend payments are covered by cash flows.