Page title
Section title
- Dividend Yield
- 4.21%
- Payout Ratio
- 184.62%
- Dividend Amount Per Share
- $0.24
- Last Ex-Dividend Date
- Aug 30, 2024
MRT-UN.TO Dividend Safety
MRT-UN.TO paid out 184.62% of its -$74M earnings as dividends over the last 12 months.
Very Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
MRT-UN.TO's Dividend Payout Ratio of 184.62% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
MRT-UN.TO's Interest Coverage Ratio of 1.888 indicates a moderate safety margin, which could limit financial flexibility in managing debts.
Income Quality
MRT-UN.TO demonstrates poor income quality with a ratio of -0.891. This indicates low-quality earnings and high risk of dividend cuts.
MRT-UN.TO Dividend Growth
Morguard Real Estate Investment Trust(MRT-UN.TO) offers a dividend yield of 4.21% and pays $0.24 in dividends per share. Explore the historical dividend growth of MRT-UN.TO.
Dividend Stability
MRT-UN.TO has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.
Dividend Growth
MRT-UN.TO's dividend payments have shown very poor growth, shrinking by -24.214% over the last 5 years.
Earnings Growth
MRT-UN.TO's earnings have shown very poor growth, shrinking by -14.949% 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.
MRT-UN.TO Dividend Yield Attractiveness
Morguard Real Estate Investment Trust(MRT-UN.TO) provides a dividend yield of 4.21%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
4.21%
5.48%
6.33%
6.45%
Dividend Yield
MRT-UN.TO's dividend yield of 4.21% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
MRT-UN.TO Cash Flow
Over the past 12 months, MRT-UN.TO generated $258M in revenue, produced $17M in free cash flow, and distributed $15M in dividends.
Free Cash Flow Growth
MRT-UN.TO's free cash flow has decreased by -5.925% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
MRT-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 Morguard Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.