Page title
Section title
- Dividend Yield
- 2.92%
- Payout Ratio
- 153.56%
- Dividend Amount Per Share
- $0.37
- Last Ex-Dividend Date
- Aug 30, 2024
IIP-UN.TO Dividend Safety
IIP-UN.TO paid out 153.56% of its $92M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
IIP-UN.TO's Dividend Payout Ratio of 153.56% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
IIP-UN.TO's Interest Coverage Ratio of 2.693 indicates strong financial health with easy coverage of interest expenses.
Income Quality
IIP-UN.TO has moderate income quality with a ratio of 0.972. This suggests reasonable stability but some risk of dividend cuts.
IIP-UN.TO Dividend Growth
InterRent Real Estate Investment Trust(IIP-UN.TO) offers a dividend yield of 2.92% and pays $0.37 in dividends per share. Explore the historical dividend growth of IIP-UN.TO.
Dividend Stability
IIP-UN.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
IIP-UN.TO's dividend payments have shown moderate growth, growing by 5.44% annually over the last 5 years.
Earnings Growth
IIP-UN.TO's earnings have shown very poor growth, shrinking by -24.852% 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.
IIP-UN.TO Dividend Yield Attractiveness
InterRent Real Estate Investment Trust(IIP-UN.TO) provides a dividend yield of 2.92%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.92%
3.92%
4.21%
6.33%
Dividend Yield
IIP-UN.TO's dividend yield of 2.92% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
IIP-UN.TO Cash Flow
Over the past 12 months, IIP-UN.TO generated $245M in revenue, produced $99M in free cash flow, and distributed $34M in dividends.
Free Cash Flow Growth
IIP-UN.TO's free cash flow has decreased by -9.097% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
IIP-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 InterRent Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.