Page title
Section title
- Dividend Yield
- 7.68%
- Payout Ratio
- 43.80%
- Dividend Amount Per Share
- $0.60
- Last Ex-Dividend Date
- Aug 30, 2024
AX-UN.TO Dividend Safety
AX-UN.TO paid out 43.80% of its -$332M earnings as dividends over the last 12 months.
Somewhat Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
AX-UN.TO's Dividend Payout Ratio of 43.8% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
AX-UN.TO's Interest Coverage Ratio of 0.972 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
AX-UN.TO demonstrates poor income quality with a ratio of -0.241. This indicates low-quality earnings and high risk of dividend cuts.
AX-UN.TO Dividend Growth
Artis Real Estate Investment Trust(AX-UN.TO) offers a dividend yield of 7.68% and pays $0.60 in dividends per share. Explore the historical dividend growth of AX-UN.TO.
Dividend Stability
AX-UN.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
Dividend Growth
AX-UN.TO's dividend payments have shown moderate growth, growing by 2.13% annually over the last 5 years.
Earnings Growth
AX-UN.TO's earnings have shown very poor growth, shrinking by -74.11% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
AX-UN.TO Dividend Yield Attractiveness
Artis Real Estate Investment Trust(AX-UN.TO) provides a dividend yield of 7.68%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
5.34%
6.33%
6.45%
7.68%
Dividend Yield
AX-UN.TO's dividend yield of 7.68% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
AX-UN.TO Cash Flow
Over the past 12 months, AX-UN.TO generated $201M in revenue, produced $65M in free cash flow, and distributed $89M in dividends.
Free Cash Flow Growth
AX-UN.TO's free cash flow has decreased by -17% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
AX-UN.TO Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Artis Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.