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City Office REIT (City Office REIT) Forward Dividend Yield % : 8.73% (As of Apr. 27, 2024)


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What is City Office REIT Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of City Office REIT is 8.73%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of City Office REIT is 8.73%.

CIO's Forward Dividend Yield % is ranked better than
62.33% of 831 companies
in the REITs industry
Industry Median: 7.41 vs CIO: 8.73

City Office REIT's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, City Office REIT's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of City Office REIT was 2.60% per year. The lowest was -13.90% per year. And the median was -4.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of City Office REIT's Forward Dividend Yield %

For the REIT - Office subindustry, City Office REIT's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


City Office REIT's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, City Office REIT's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where City Office REIT's Forward Dividend Yield % falls into.



City Office REIT Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

City Office REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-092024-04-102024-04-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002024-01-092024-01-102024-01-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-10-062023-10-102023-10-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-07-062023-07-072023-07-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

City Office REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/4.58
=8.73 %

Current Share Price is $4.58.
City Office REIT's Dividends per Share for the forward twelve months is calculated as $0.1 * 4 = $0.4.

City Office REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4/4.58
=8.73 %

Current Share Price is $4.58.
City Office REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

* 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.


City Office REIT  (NYSE:CIO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


City Office REIT Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of City Office REIT's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


City Office REIT (City Office REIT) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.
Executives
Michael Mazan director 3210-666 BURRARD STREET, VANCOUVER A1 V6C2X8
William R Flatt director 188 E. CAPITOL STREET, SUITE 1000, JACKSON MS 39201
Anthony Maretic officer: Chief Financial Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
James Thomas Farrar director, officer: Chief Executive Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
Stephen B Shraiberg director 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Gregory Tylee officer: See Remarks 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
John Sweet director SUITE 2990, 500 NORTH AKARD STREET, DALLAS TX 75201
Sabah Mirza director 27 FASKEN DRIVE, TORONTO A6 M9W1K6
Mark Wilhelm Murski director 1312 CLEAVER DRIVE, OAKVILLE A6 L6J IW4
John R. Mclernon director 200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Jeffrey David Kohn director 1029 17 AVE SW, SUITE 200, CALGARY A0 T2T 0A9
Samuel Belzberg 10 percent owner