Page title
Section title
- Dividend Yield
- 2.94%
- Payout Ratio
- 11.51%
- Dividend Amount Per Share
- $0.50
- Last Ex-Dividend Date
- Aug 30, 2024
MI-UN.TO Dividend Safety
MI-UN.TO paid out 11.51% of its -$117M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
MI-UN.TO's Dividend Payout Ratio of 11.51% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
MI-UN.TO's Interest Coverage Ratio of 2.06 indicates strong financial health with easy coverage of interest expenses.
Income Quality
MI-UN.TO demonstrates poor income quality with a ratio of -0.797. This indicates low-quality earnings and high risk of dividend cuts.
MI-UN.TO Dividend Growth
Minto Apartment Real Estate Investment Trust(MI-UN.TO) offers a dividend yield of 2.94% and pays $0.50 in dividends per share. Explore the historical dividend growth of MI-UN.TO.
Dividend Stability
MI-UN.TO has maintained stable dividend payments over the past 6 years with no cuts over 5%.
Dividend Growth
MI-UN.TO's dividend payments have shown moderate growth, growing by 2.79% annually over the last 5 years.
Earnings Growth
MI-UN.TO's earnings have shown very poor growth, shrinking by -124.936% 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.
MI-UN.TO Dividend Yield Attractiveness
Minto Apartment Real Estate Investment Trust(MI-UN.TO) provides a dividend yield of 2.94%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.94%
3.73%
3.92%
6.33%
Dividend Yield
MI-UN.TO's dividend yield of 2.94% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
MI-UN.TO Cash Flow
Over the past 12 months, MI-UN.TO generated $158M in revenue, produced $35M in free cash flow, and distributed $20M in dividends.
Free Cash Flow Growth
MI-UN.TO's free cash flow has decreased by -3.572% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
MI-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 Minto Apartment Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.