Slate Grocery REIT Dividend
Dividend criteria checks 6/6
Slate Grocery REIT is a dividend paying company with a current yield of 8.34% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
8.3%
Dividend yield
79%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | US$0.864 |
| Earnings per share | US$0.58 |
| Dividend yield forecast | 8.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRRT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: SRRT.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Slate Grocery REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRRT.F) | 8.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Retail REITs) | 4.6% |
| Analyst forecast (SRRT.F) (up to 3 years) | 8.3% |
Notable Dividend: SRRT.F's dividend (8.34%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SRRT.F's dividend (8.34%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79%), SRRT.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73%), SRRT.F's dividend payments are covered by cash flows.