Centerspace (Centerspace) Forward Dividend Yield % : 7.91% (As of Apr. 26, 2024)

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What is Centerspace Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Centerspace is 7.91%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Centerspace is 7.91%.

IRETPRBCL.PFD's Forward Dividend Yield % is ranked worse than
78.85% of 832 companies
in the REITs industry
Industry Median: 7.425 vs IRETPRBCL.PFD: 7.91

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

During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -7.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Centerspace was 37.80% per year. The lowest was -18.60% per year. And the median was 1.20% 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 Centerspace's Forward Dividend Yield %

For the REIT - Residential subindustry, Centerspace'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.

Centerspace's Forward Dividend Yield % Distribution in the REITs Industry

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

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

Centerspace Forward Dividend Yield % Calculation

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

Centerspace (NYSE:IRETPRBCL.PFD) 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.

Centerspace Forward Dividend Yield % Related Terms

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Centerspace (Centerspace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:IRETPRBCL.PFD) » Definitions » Forward Dividend Yield %

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NXRT UMH AIV ELME VRE BRT FREVS CLPR BHM IRT AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

CSRpC.PFD:USA CSR:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.