SITE Centers (SITE Centers) Dividend Payout Ratio : 4.64 (As of Dec. 2023)

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What is SITE Centers Dividend Payout Ratio?

SITE Centers's dividend payout ratio for the months ended in Dec. 2023 was 4.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SITE Centers Corp is 3.44, which seems too high.

The historical rank and industry rank for SITE Centers's Dividend Payout Ratio or its related term are showing as below:

SITC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.11 Med: 2.91 Max: 4.62
Current: 3.44

During the past 13 years, the highest Dividend Payout Ratio of SITE Centers was 4.62. The lowest was 1.11. And the median was 2.91.

SITC's Dividend Payout Ratio is ranked worse than
87.94% of 564 companies
in the REITs industry
Industry Median: 1.01 vs SITC: 3.44

As of today (2024-04-25), the Dividend Yield % of SITE Centers is 3.81%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SITE Centers was 18.65%. The lowest was 1.02%. And the median was 4.54%.

SITE Centers's Dividends per Share for the months ended in Dec. 2023 was $0.13.

During the past 3 years, the average Dividends Per Share Growth Rate was 27.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -12.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SITE Centers was 89.00% per year. The lowest was -67.70% per year. And the median was 5.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

SITE Centers Dividend Payout Ratio Historical Data

The historical data trend for SITE Centers's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SITE Centers Dividend Payout Ratio Chart

SITE Centers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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4.62

3.13

1.11

1.67

3.54

SITE Centers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.06	3.17	13.00	1.81	4.64

Competitive Comparison of SITE Centers's Dividend Payout Ratio

For the REIT - Retail subindustry, SITE Centers's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SITE Centers's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SITE Centers's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SITE Centers's Dividend Payout Ratio falls into.

SITE Centers Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

SITE Centers's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.52	/	0.147
	=	3.54

SITE Centers's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.13	/	0.028
	=	4.64

SITE Centers (NYSE:SITC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

SITE Centers Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of SITE Centers's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

SITE Centers (SITE Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SITE Centers Corp (NYSE:SITC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SITCpA.PFD:USA DDR2:Germany

Address

3300 Enterprise Parkway, Beachwood, OH, USA, 44122

Website

https://www.sitecenters.com

SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.

Executives

John M Cattonar	officer: EVP & Chief Investment Officer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes	director, officer: President & CEO	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy	officer: Sr. V.P. & Chief Acct. Officer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor	officer: EVP, CFO & Treasurer	3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto	director, 10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein	10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane	director	151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney	director	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen	officer: EVP & COO	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern	director	1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne	director	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham	director	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston	director	3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower	officer: EVP, CFO & Treasurer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel	director	677 N WASHINGTON BLVD, SARASOTA FL 34236