SITE Centers Dividend
Dividend criteria checks 3/6
SITE Centers is a dividend paying company with a current yield of 3.8% that is well covered by earnings.
Key information
3.8%
Dividend yield
50%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.21 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
SITE Centers Remains A Solid Investment Even After The Spinoff
Feb 27SITE Centers: Asset Sales Highlight Extreme Undervaluation
Nov 01SITE Centers: Holding Steady
Oct 22SITE Centers: The 6.85% Yielding Preferred Shares Are Intriguing
Jul 19Here's Why We Think SITE Centers (NYSE:SITC) Might Deserve Your Attention Today
Feb 16
SITE Centers Corp.: Shares Appear Fairly Valued Following Q4FY22 Results
Feb 13SITE Centers Q4 2022 Earnings Preview
Feb 07SITE Centers announces $166.3M property sales in Q4
Jan 09SITE Centers to buy back stock in $100M repurchase plan
Dec 20SITE Centers declares $0.13 dividend
Nov 01SITE Centers: High Quality Shopping Centers On The Clearance Rack
Oct 24SITE Centers declares $0.13 dividend
Sep 07SITE Centers: Not Differentiated Enough For Selective Investors
Aug 30SITE Centers FFO, revenue beat estimates, raises 2022 guidance
Jul 28SITE Centers: The Picture Continues To Improve
Jun 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SITC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SITC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| SITE Centers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SITC) | 3.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Retail REITs) | 5.3% |
| Analyst forecast in 3 Years (SITC) | 3.9% |
Notable Dividend: SITC's dividend (3.8%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SITC's dividend (3.8%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), SITC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), SITC's dividend payments are well covered by cash flows.