Page title
Section title
- Dividend Yield
- 7.20%
- Payout Ratio
- 280%
- Dividend Amount Per Share
- $0.28
- Last Ex-Dividend Date
- Aug 30, 2024
PLZ-UN.TO Dividend Safety
PLZ-UN.TO paid out 280% of its $20M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
PLZ-UN.TO's Dividend Payout Ratio of 280% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
PLZ-UN.TO's Interest Coverage Ratio of 2.533 indicates strong financial health with easy coverage of interest expenses.
Income Quality
PLZ-UN.TO shows excellent income quality with a ratio of 2.082. This indicates high-quality earnings and low risk of dividend cuts.
PLZ-UN.TO Dividend Growth
Plaza Retail REIT(PLZ-UN.TO) offers a dividend yield of 7.20% and pays $0.28 in dividends per share. Explore the historical dividend growth of PLZ-UN.TO.
Dividend Stability
PLZ-UN.TO has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.
Dividend Growth
PLZ-UN.TO's dividend payments have shown very poor growth, growing by 0% over the last 5 years.
Earnings Growth
PLZ-UN.TO's earnings have shown very poor growth, shrinking by -17.051% 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.
PLZ-UN.TO Dividend Yield Attractiveness
Plaza Retail REIT(PLZ-UN.TO) provides a dividend yield of 7.20%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
5.41%
6.33%
6.42%
7.20%
Dividend Yield
PLZ-UN.TO's dividend yield of 7.2% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
PLZ-UN.TO Cash Flow
Over the past 12 months, PLZ-UN.TO generated $121M in revenue, produced $51M in free cash flow, and distributed $31M in dividends.
Free Cash Flow Growth
PLZ-UN.TO's free cash flow has decreased by -7.874% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
PLZ-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 Plaza Retail REIT. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.