Page title
Section title
- Dividend Yield
- 8.25%
- Payout Ratio
- 37.08%
- Dividend Amount Per Share
- $0.86
- Last Ex-Dividend Date
- Aug 30, 2024
SGR-UN.TO Dividend Safety
SGR-UN.TO paid out 37.08% of its $14M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
SGR-UN.TO's Dividend Payout Ratio of 37.08% is considered safe for the Real Estate sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
SGR-UN.TO's Interest Coverage Ratio of 1.813 indicates a moderate safety margin, which could limit financial flexibility in managing debts.
Income Quality
SGR-UN.TO shows excellent income quality with a ratio of 3.522. This indicates high-quality earnings and low risk of dividend cuts.
SGR-UN.TO Dividend Growth
Slate Grocery REIT(SGR-UN.TO) offers a dividend yield of 8.25% and pays $0.86 in dividends per share. Explore the historical dividend growth of SGR-UN.TO.
Dividend Stability
SGR-UN.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
Dividend Growth
SGR-UN.TO's dividend payments have shown very poor growth, growing by 0.21% over the last 5 years.
Earnings Growth
SGR-UN.TO's earnings have shown very poor growth, shrinking by -15.083% 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.
SGR-UN.TO Dividend Yield Attractiveness
Slate Grocery REIT(SGR-UN.TO) provides a dividend yield of 8.25%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
5.41%
6.33%
6.90%
8.25%
Dividend Yield
SGR-UN.TO's dividend yield of 8.25% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
SGR-UN.TO Cash Flow
Over the past 12 months, SGR-UN.TO generated $209M in revenue, produced $67M in free cash flow, and distributed $51M in dividends.
Free Cash Flow Growth
SGR-UN.TO's free cash flow has grown by 11.333% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
SGR-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 Slate Grocery REIT. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.