Global Medical REIT Dividends and Buybacks
Dividend criteria checks 4/6
Global Medical REIT is a dividend paying company with a current yield of 10.88%. Next payment date is on 8th January, 2025 with an ex-dividend date of 20th December, 2024.
Key information
10.9%
Dividend yield
-2.1%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 11.7% |
| Dividend Growth | -38.0% |
| Next dividend pay date | 08 Jan 25 |
| Ex dividend date | 20 Dec 24 |
| Dividend per share | US$0.840 |
| Payout ratio | 117% |
Recent dividend and buyback updates
Recent updates
Global Medical REIT's Underwriting Is Demonstrated To Be Effective
Sep 24Global Medical REIT: Stability Across The Board, But More Is Needed To Be Bullish
Aug 11Global Medical: The Yield Is Not Too Good To Be True
Jun 26Global Medical: The 7.6% Preferred Yield Trumps The Common
May 23Global Medical REIT: Better Q1 Than Expected, But Still A Cautious Stance
May 09Global Medical REIT Offers A 9.3% Dividend Yield And 7.6% On The Preferreds
Mar 09Global Medical REIT: Nothing Promising After Q4 Results, Still A Hold
Feb 29Global Medical REIT: Patient In Stable Condition, Risk Priced In
Feb 02Global Medical REIT: A Hold Despite Improving Performance
Nov 21Global Medical: 7.7% Yielding Preferreds Are Expensive, A Look At Alternatives
Oct 16Global Medical REIT: Revisiting Dividend Assumption After Q2 Results
Sep 10Global Medical REIT: Higher For Longer Scenarios Will Stress The REIT
Aug 04Global Medical: The 9.5% Yield Appears Covered Despite Pressure From Interest Rates
Jun 29If EPS Growth Is Important To You, Global Medical REIT (NYSE:GMRE) Presents An Opportunity
Mar 13
Global Medical REIT: A Strong Buy At Attractive Valuations And 7.8% Dividend Yield
Jan 27Global Medical REIT: Brace For A Hawkish Fed
Dec 25Global Medical REIT GAAP EPS of $0.12
Nov 02Global Medical REIT: Passive Income Machine With Safe 10.8% Yield
Oct 21Global Medical REIT stock drops after BMO downgrades on elevated leverage
Oct 06Global Medical REIT Now Has A 9% Recession Resistant Yield
Sep 28Global Medical REIT declares $0.21 dividend
Sep 09Global Medical REIT: Significant Upside Potential, Along With A High Yielding Dividend
Aug 18Global Medical REIT: Market Dislocation From First To Worst, Opportunity Refreshed
Jun 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GMRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Global Medical REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GMRE) | 10.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Health Care REITs) | 3.8% |
| Analyst forecast (GMRE) (up to 3 years) | 11.7% |
Notable Dividend: GMRE's dividend (10.88%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: GMRE's dividend (10.88%) is in the top 25% of dividend payers in the US market (4.52%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.1%), GMRE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.7%), GMRE's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 07:41 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Global Medical REIT Inc. is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| David Rodgers | Baird |
| Amanda Sweitzer | Baird |