Fortune Real Estate Investment Trust Dividend
Dividend criteria checks 5/6
Fortune Real Estate Investment Trust is a dividend paying company with a current yield of 10.8% that is well covered by earnings.
Key information
10.8%
Dividend yield
74%
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$0.077 |
Dividend yield forecast in 3Y | 11.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FRIV.F's dividends per share have been stable in the past 10 years.
Growing Dividend: FRIV.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fortune Real Estate Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FRIV.F) | 10.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Retail REITs) | 5.3% |
Analyst forecast in 3 Years (FRIV.F) | 11.2% |
Notable Dividend: FRIV.F's dividend (10.8%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FRIV.F's dividend (10.8%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), FRIV.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate FRIV.F's cash payout ratio to determine if its dividend payments are covered by cash flows.