SmartStop Self Storage REIT Dividends and Buybacks
Dividend criteria checks 2/6
SmartStop Self Storage REIT is a dividend paying company with a current yield of 6.74%.
Key information
6.7%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 47.7% |
| Next dividend pay date | n/a |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.600 |
| Payout ratio | 138% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, STSF.F has been paying a dividend for less than 10 years.
Growing Dividend: STSF.F has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| SmartStop Self Storage REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STSF.F) | 6.7% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Specialized REITs) | 3.5% |
| Analyst forecast (STSF.F) (up to 3 years) | n/a |
Notable Dividend: STSF.F's dividend (6.74%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: STSF.F's dividend (6.74%) is in the top 25% of dividend payers in the US market (4.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (138.1%), STSF.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.6%), STSF.F's dividend payments are not well covered by cash flows.