Page title
Section title
- Dividend Yield
- 5.84%
- Payout Ratio
- 142.86%
- Dividend Amount Per Share
- $1.10
- Last Ex-Dividend Date
- Sep 27, 2024
REI-UN.TO Dividend Safety
REI-UN.TO paid out 142.86% of its $39M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
REI-UN.TO's Dividend Payout Ratio of 142.857% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
REI-UN.TO's Interest Coverage Ratio of 2.058 indicates strong financial health with easy coverage of interest expenses.
Income Quality
REI-UN.TO shows excellent income quality with a ratio of 10.3. This indicates high-quality earnings and low risk of dividend cuts.
REI-UN.TO Dividend Growth
RioCan Real Estate Investment Trust(REI-UN.TO) offers a dividend yield of 5.84% and pays $1.10 in dividends per share. Explore the historical dividend growth of REI-UN.TO.
Dividend Stability
REI-UN.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
Dividend Growth
REI-UN.TO's dividend payments have shown very poor growth, shrinking by -5.072% over the last 5 years.
Earnings Growth
REI-UN.TO's earnings have shown very poor growth, shrinking by -45.069% 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.
REI-UN.TO Dividend Yield Attractiveness
RioCan Real Estate Investment Trust(REI-UN.TO) provides a dividend yield of 5.84%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
5.82%
5.84%
6.14%
6.59%
Dividend Yield
REI-UN.TO's dividend yield of 5.84% is considered good compared to the sector average of 6.587%, providing a strong safety margin for investors.
REI-UN.TO Cash Flow
Over the past 12 months, REI-UN.TO generated $1B in revenue, produced $222M in free cash flow, and distributed $330M in dividends.
Free Cash Flow Growth
REI-UN.TO's free cash flow has grown by 53.97% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
REI-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 RioCan Real Estate Investment Trust. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.