Flagship Communities Real Estate Investment Trust Dividend
Dividend criteria checks 3/6
Flagship Communities Real Estate Investment Trust is a dividend paying company with a current yield of 3.89% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
3.9%
Dividend yield
38%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | US$0.590 |
| Earnings per share | US$4.23 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MHCU.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHCU.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Flagship Communities Real Estate Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MHCU.F) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Residential REITs) | 3.3% |
| Analyst forecast (MHCU.F) (up to 3 years) | n/a |
Notable Dividend: MHCU.F's dividend (3.89%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MHCU.F's dividend (3.89%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), MHCU.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.5%), MHCU.F's dividend payments are well covered by cash flows.