Automotive Properties Real Estate Investment Trust Dividend
Dividend criteria checks 4/6
Automotive Properties Real Estate Investment Trust is a dividend paying company with a current yield of 6.5% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 27th September, 2024.
Key information
6.5%
Dividend yield
82%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | US$0.587 |
| Earnings per share | US$1.45 |
| Dividend yield forecast | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, APPT.F has been paying a dividend for less than 10 years.
Growing Dividend: APPT.F has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Automotive Properties Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (APPT.F) | 6.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialized REITs) | 3.5% |
| Analyst forecast (APPT.F) (up to 3 years) | 6.5% |
Notable Dividend: APPT.F's dividend (6.5%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: APPT.F's dividend (6.5%) is in the top 25% of dividend payers in the US market (4.33%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.2%), APPT.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), APPT.F's dividend payments are well covered by cash flows.