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Plaza Retail REIT (Plaza Retail REIT) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Plaza Retail REIT 3-Year Dividend Growth Rate?

Plaza Retail REIT's Dividends per Share for the three months ended in Dec. 2023 was $0.05.

The historical rank and industry rank for Plaza Retail REIT's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Plaza Retail REIT was 16.30% per year. The lowest was 1.20% per year. And the median was 5.20% per year.

PAZRF's 3-Year Dividend Growth Rate is not ranked *
in the REITs industry.
Industry Median: 2.1
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 10 years, the average Dividends Per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Plaza Retail REIT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.63. As of today, Plaza Retail REIT's Dividend Yield % is 8.35%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plaza Retail REIT is 0.92, which seems too high.

Good Sign:

Plaza Retail REIT stock dividend yield is close to 3-year high.

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


Competitive Comparison of Plaza Retail REIT's 3-Year Dividend Growth Rate

For the REIT - Retail subindustry, Plaza Retail REIT's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Plaza Retail REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Plaza Retail REIT's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Plaza Retail REIT's 3-Year Dividend Growth Rate falls into.



Plaza Retail REIT 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Plaza Retail REIT  (OTCPK:PAZRF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Plaza Retail REIT'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 )
=0.052/ 0.032
=1.63

During the past 13 years, the highest Dividend Payout Ratio of Plaza Retail REIT was 1.28. The lowest was 0.26. And the median was 0.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Plaza Retail REIT is 0.92, which seems too high.

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

Plaza Retail REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0232024-04-292024-04-302024-05-15Cash DividendmonthlyCAD:USD 0.732233
CAD 0.0232024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:USD 0.738242
CAD 0.0232024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:USD 0.737028
CAD 0.0232024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:USD 0.747161
CAD 0.0232023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:USD 0.754720
CAD 0.0232023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:USD 0.735998
CAD 0.0232023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:USD 0.720565
CAD 0.0232023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:USD 0.735808
CAD 0.0232023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:USD 0.738607
CAD 0.0232023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:USD 0.759878
CAD 0.0232023-06-292023-06-302023-07-17Cash DividendmonthlyCAD:USD 0.755744
CAD 0.0232023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:USD 0.735943

* 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.

Plaza Retail REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.204514321/2.48
=8.25 %

Current Share Price is $2.48.
Plaza Retail REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.204514321.

During the past 13 years, the highest Dividend Yield of Plaza Retail REIT was 10.41%. The lowest was 4.46%. And the median was 6.13%.

Good Sign:

Plaza Retail REIT stock dividend yield is close to 3-year high.

* 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.


Plaza Retail REIT 3-Year Dividend Growth Rate Related Terms>


Plaza Retail REIT (Plaza Retail REIT) Business Description

Industry
Traded in Other Exchanges
Address
98 Main Street, Fredericton, NB, CAN, E3A 9N6
Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT (Plaza Retail REIT) Headlines

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