Page title
Section title
- Dividend Yield
- 5.24%
- Payout Ratio
- 65.51%
- Dividend Amount Per Share
- $0.83
- Last Ex-Dividend Date
- Sep 27, 2024
PMZ-UN.TO Dividend Safety
PMZ-UN.TO paid out 65.51% of its $102M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
PMZ-UN.TO's Dividend Payout Ratio of 65.512% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
PMZ-UN.TO's Interest Coverage Ratio of 3.359 indicates strong financial health with easy coverage of interest expenses.
Income Quality
PMZ-UN.TO shows excellent income quality with a ratio of 1.627. This indicates high-quality earnings and low risk of dividend cuts.
PMZ-UN.TO Dividend Growth
Primaris Real Estate Investment Trust(PMZ-UN.TO) offers a dividend yield of 5.24% and pays $0.83 in dividends per share. Explore the historical dividend growth of PMZ-UN.TO.
Dividend Stability
PMZ-UN.TO has maintained stable dividend payments over the past 3 years with no cuts over 5%.
Dividend Growth
PMZ-UN.TO's dividend payments have shown very poor growth, growing by 0.97% over the last 5 years.
Earnings Growth
PMZ-UN.TO's earnings have grown by 66.016% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
PMZ-UN.TO Dividend Yield Attractiveness
Primaris Real Estate Investment Trust(PMZ-UN.TO) provides a dividend yield of 5.24%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
5.24%
5.41%
5.74%
6.33%
Dividend Yield
PMZ-UN.TO's dividend yield of 5.24% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
PMZ-UN.TO Cash Flow
Over the past 12 months, PMZ-UN.TO generated $458M in revenue, produced $120M in free cash flow, and distributed $80M in dividends.
Free Cash Flow Growth
PMZ-UN.TO's free cash flow has decreased by -8.396% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
PMZ-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 Primaris Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.