SmartCentres Real Estate Investment Trust Dividend
Dividend criteria checks 5/6
SmartCentres Real Estate Investment Trust is a dividend paying company with a current yield of 8.27% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
8.3%
Dividend yield
68%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | 17 Jun 24 |
Ex dividend date | 31 May 24 |
Dividend per share | n/a |
Earnings per share | US$2.11 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CWYU.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CWYU.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
SmartCentres Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CWYU.F) | 8.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Retail REITs) | 5.3% |
Analyst forecast in 3 Years (CWYU.F) | 8.3% |
Notable Dividend: CWYU.F's dividend (8.27%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: CWYU.F's dividend (8.27%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.5%), CWYU.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.7%), CWYU.F's dividend payments are not well covered by cash flows.