SmartStop Self Storage REIT Dividends and Buybacks
Dividend criteria checks 3/6
SmartStop Self Storage REIT is a dividend paying company with a current yield of 6.06%.
Key information
6.1%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 53.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.600 |
| Payout ratio | 101% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SSST has been paying a dividend for less than 10 years.
Growing Dividend: SSST has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| SmartStop Self Storage REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSST) | 6.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Specialized REITs) | 3.5% |
| Analyst forecast (SSST) (up to 3 years) | n/a |
Notable Dividend: SSST's dividend (6.06%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: SSST's dividend (6.06%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.1%), SSST's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (91.8%), SSST's dividend payments are covered by cash flows.