Getty Realty Dividends and Buybacks
Dividend criteria checks 5/6
Getty Realty is a dividend paying company with a current yield of 6.31% that is well covered by earnings. Next payment date is on 9th January, 2025 with an ex-dividend date of 26th December, 2024.
Key information
6.3%
Dividend yield
-8.7%
Buyback Yield
| Total Shareholder Yield | -2.4% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 1.4% |
| Next dividend pay date | 09 Jan 25 |
| Ex dividend date | 26 Dec 24 |
| Dividend per share | US$1.880 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Getty Realty: Solid Q3 Results Given Stable Cash Flow And Accretive M&A
Oct 26Getty Realty: Double-Digit AFFO Growth, Near 6% Yield Make Them A Long-Term Buy
Oct 16Getty Realty: Profitable, Solvent, And Undervalued
Sep 08Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%
Aug 02Getty Realty Is Getting Risky - The Good And The Bad
Jun 07Getty Realty: Shares Can Be Attractive Even With Slower Investment
May 20Getty Realty: Strong Dividend Growth And Valuation Makes It A Solid REIT
Mar 06Getty Realty Corp: Convenience Store Success
Jan 29Getty Realty: Recent Underperformance Creates An Opportunity
Jan 10Getty Realty: Fuel Your Income With This Sweet 7% Yield
Nov 01Getty Realty: A 5.7% Dividend Yield From Real Estate For Cars
Aug 28Getty Realty: Long-Term Investors Can Rejoice
Jun 13Getty Realty declares $0.43 dividend
Feb 21Getty Realty: Long-Term Growth With A 5% Yield Kicker
Jan 23Getty Realty Keeps Pumping Out The Cash
Nov 14Getty Realty: Pain At The Pump? Have Your Gas Station Pay You Back
Sep 03Getty Realty declares $0.41 dividend
Jul 27Getty Realty: Pick Up This Quality Net Lease REIT With Attractive Yield
Jun 21Getty Realty: High Gas Prices Are A Headwind In 2022
Apr 08Getty Realty Corp. Just Recorded A 6.7% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 27
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTY's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Getty Realty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GTY) | 6.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Retail REITs) | 4.8% |
| Analyst forecast (GTY) (up to 3 years) | 6.6% |
Notable Dividend: GTY's dividend (6.31%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: GTY's dividend (6.31%) is in the top 25% of dividend payers in the US market (4.53%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.6%), GTY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.1%), GTY'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 | 2024/12/29 03:35 |
| End of Day Share Price | 2024/12/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Getty Realty Corp. is covered by 12 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 |
|---|---|
| Wesley Golladay | Baird |
| Joshua Dennerlein | BofA Global Research |
| Michael Gorman | BTIG |