Page title
Section title
- Dividend Yield
- 4.87%
- Payout Ratio
- 114.75%
- Dividend Amount Per Share
- $0.70
- Last Ex-Dividend Date
- Aug 30, 2024
DIR-UN.TO Dividend Safety
DIR-UN.TO paid out 114.75% of its $104M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
DIR-UN.TO's Dividend Payout Ratio of 114.754% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
DIR-UN.TO's Interest Coverage Ratio of 4.608 indicates strong financial health with easy coverage of interest expenses.
Income Quality
DIR-UN.TO shows excellent income quality with a ratio of 2.899. This indicates high-quality earnings and low risk of dividend cuts.
DIR-UN.TO Dividend Growth
Dream Industrial Real Estate Investment Trust(DIR-UN.TO) offers a dividend yield of 4.87% and pays $0.70 in dividends per share. Explore the historical dividend growth of DIR-UN.TO.
Dividend Stability
DIR-UN.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
DIR-UN.TO's dividend payments have shown very poor growth, growing by 0% over the last 5 years.
Earnings Growth
DIR-UN.TO's earnings have shown very poor growth, shrinking by -10.283% 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.
DIR-UN.TO Dividend Yield Attractiveness
Dream Industrial Real Estate Investment Trust(DIR-UN.TO) provides a dividend yield of 4.87%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
4.67%
4.87%
5.59%
6.33%
Dividend Yield
DIR-UN.TO's dividend yield of 4.87% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
DIR-UN.TO Cash Flow
Over the past 12 months, DIR-UN.TO generated $481M in revenue, produced $95M in free cash flow, and distributed $136M in dividends.
Free Cash Flow Growth
DIR-UN.TO's free cash flow has grown by 9.62% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
DIR-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 Dream Industrial Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.