InterRent Real Estate Investment Trust Dividends and Buybacks
Dividend criteria checks 5/6
InterRent Real Estate Investment Trust is a dividend paying company with a current yield of 3.62% that is well covered by earnings.
Key information
3.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | -3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.283 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IIPZ.F's dividends per share have been stable in the past 10 years.
Growing Dividend: IIPZ.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| InterRent Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IIPZ.F) | 3.6% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Residential REITs) | 3.2% |
| Analyst forecast (IIPZ.F) (up to 3 years) | 3.8% |
Notable Dividend: IIPZ.F's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: IIPZ.F's dividend (3.62%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), IIPZ.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85%), IIPZ.F's dividend payments are covered by cash flows.