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City Office REIT, Inc. Dividends

CIO Stock Analysis

Page title

Section title

Dividend Yield
6.35%
Payout Ratio
363.64%
Dividend Amount Per Share
$0.40
Last Ex-Dividend Date
Oct 10, 2024

CIO Dividend Safety

CIO paid out 363.64% of its -$3M earnings as dividends over the last 12 months.

Very Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

CIO's Dividend Payout Ratio of 363.64% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

CIO's Interest Coverage Ratio of 0.885 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

CIO demonstrates poor income quality with a ratio of -28.119. This indicates low-quality earnings and high risk of dividend cuts.

CIO Dividend Growth

City Office REIT, Inc.(CIO) offers a dividend yield of 6.35% and pays $0.40 in dividends per share. Explore the historical dividend growth of CIO.

Dividend Stability

CIO has shown inconsistent dividend payments over the past 11 years with 2 cuts over 5%.

Dividend Growth

CIO's dividend payments have shown very poor growth, shrinking by -15.708% over the last 5 years.

Earnings Growth

CIO's earnings have grown by 17.984% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

CIO Dividend Yield Attractiveness

City Office REIT, Inc.(CIO) provides a dividend yield of 6.35%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Industry

Sector

CIO

5.47%

6.33%

6.35%

Dividend Yield

CIO's dividend yield of 6.35% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.

CIO Cash Flow

Over the past 12 months, CIO generated $175M in revenue, produced $54M in free cash flow, and distributed $23M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

CIO's free cash flow has grown by 2.839% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.

CIO 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 City Office REIT, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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