Spirit Realty Capital Dividends and Buybacks
Dividend criteria checks 4/6
Spirit Realty Capital is a dividend paying company with a current yield of 6.33% that is well covered by earnings.
Key information
6.3%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRC.PRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRC.PRA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Spirit Realty Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRC.PRA) | 6.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Retail REITs) | 4.5% |
| Analyst forecast (SRC.PRA) (up to 3 years) | 6.8% |
Notable Dividend: SRC.PRA's dividend (6.33%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: SRC.PRA's dividend (6.33%) is in the top 25% of dividend payers in the US market (4.67%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.5%), SRC.PRA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.8%), SRC.PRA's dividend payments are covered by cash flows.