Fortune Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 5/6
Fortune Real Estate Investment Trust is a dividend paying company with a current yield of 8.71% that is well covered by earnings.
Key information
8.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.9% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0465 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FRIV.F's dividend payments have been volatile 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FRIV.F) | 8.7% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Retail REITs) | 4.6% |
| Analyst forecast (FRIV.F) (up to 3 years) | 8.9% |
Notable Dividend: FRIV.F's dividend (8.71%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: FRIV.F's dividend (8.71%) is in the top 25% of dividend payers in the US market (4.36%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.1%), FRIV.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), FRIV.F's dividend payments are covered by cash flows.