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Primaris REITPMREF 79 3-Year Dividend Growth Rate is 2.40% as of Jun. 2026, which is at its 10-year median of 2.40. GuruFocus rates PMREF with a GF Score™ of 79/100 and a GF Value™ of $13.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 626 REITs companies, Primaris REIT ranks worse than 51.12% on this metric.
The historical rank and industry rank for Primaris REIT's 3-Year Dividend Growth Rate or its related term are showing as below:
PMREF'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.4 Med: 2.4 Max: 2.4
Current: 2.4
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primaris REIT was 2.40% per year. The lowest was 2.40% per year. And the median was 2.40% per year.
PMREF's 3-Year Dividend Growth Rate is ranked worse than 51.12% of 626
companies
in the REITs industry
Industry Median: 2.7
vs PMREF: 2.40
During the past 12 months, Primaris REIT's average Dividends Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.40% 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.
During the past 13 years, the highest Dividend Payout Ratio of Primaris REIT was 0.62. The lowest was 0.48. And the median was 0.56.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Primaris REIT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.073330
2026-06-30
2026-06-30
2026-07-15
Cash Dividend
monthly
CAD:USD 0.703977
CAD 0.073330
2026-05-29
2026-05-29
2026-06-15
Cash Dividend
monthly
CAD:USD 0.725479
CAD 0.073330
2026-04-30
2026-04-30
2026-05-15
Cash Dividend
monthly
CAD:USD 0.734700
CAD 0.073330
2026-03-31
2026-03-31
2026-04-15
Cash Dividend
monthly
CAD:USD 0.716692
CAD 0.073330
2026-02-27
2026-02-27
2026-03-16
Cash Dividend
monthly
CAD:USD 0.733568
CAD 0.073330
2026-01-30
2026-01-30
2026-02-17
Cash Dividend
monthly
CAD:USD 0.737626
CAD 0.073330
2025-12-31
2025-12-31
2026-01-15
Cash Dividend
monthly
CAD:USD 0.729288
CAD 0.071700
2025-11-28
2025-11-28
2025-12-15
Cash Dividend
monthly
CAD:USD 0.715153
CAD 0.071700
2025-10-31
2025-10-31
2025-11-17
Cash Dividend
monthly
CAD:USD 0.713776
CAD 0.071670
2025-09-29
2025-09-30
2025-10-15
Cash Dividend
monthly
CAD:USD 0.718030
CAD 0.071700
2025-08-29
2025-08-29
2025-09-15
Cash Dividend
monthly
CAD:USD 0.725505
CAD 0.071700
2025-07-31
2025-07-31
2025-08-15
Cash Dividend
monthly
CAD:USD 0.722282
* 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.
Primaris REIT's Dividend Yield (%) for Today is calculated as
Current Share Price is $16.50.
Primaris REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6303356762.
During the past 13 years, the highest Dividend Yield of Primaris REIT was 6.61%. The lowest was 1.31%. And the median was 5.58%.
Warning Sign:
Primaris REIT stock Dividend Yield % is close to 3-year low.
* 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.
Primaris REIT 3-Year Dividend Growth Rate Related Terms>
PMREF vs SPG, O, KIM: 3-Year Dividend Growth Rate Comparison
For the REIT - Retail subindustry, Primaris 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.
Primaris REIT 3-Year Dividend Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Primaris REIT's 3-Year Dividend Growth Rate falls into.
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.
What does a 3-Year Dividend Growth Rate of 2.40% mean?
Primaris REIT (PMREF) has a 3-Year Dividend Growth Rate of 2.40% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Primaris REIT and its competitors. This is near median its historical median of 2.40. Over the past decade, Primaris REIT's 3-Year Dividend Growth Rate has ranged from 2.40 to 2.40. According to the industry distribution chart, Primaris REIT ranks #320 out of 626 companies in the REITs industry, placing it in the top 51.1%.
Is Primaris REIT's 3-Year Dividend Growth Rate too high?
Primaris REIT's current 3-Year Dividend Growth Rate of 2.40% is near median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 2.40. The REITs industry median 3-Year Dividend Growth Rate is 2.70. Primaris REIT's value of 2.40% is 11.1% below this industry median. Based on the distribution chart, Primaris REIT ranks #320 out of 626 companies in the REITs industry, which is below the industry midpoint. Overall, Primaris REIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's 3-Year Dividend Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #320 out of 626 companies for 3-Year Dividend Growth Rate. This places Primaris REIT in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 2.70. Primaris REIT's value of 2.40% is 11.1% below this benchmark. Historically, Primaris REIT's own 3-Year Dividend Growth Rate has ranged from 2.40 to 2.40 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.70, Primaris REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.70, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current 3-Year Dividend Growth Rate of 2.40% is 11.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Primaris REIT and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current 3-Year Dividend Growth Rate is 2.40%, which is near median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.13, compared to a current price of $16.50 — trading 25.7% above its estimated fair value. The current 3-Year Dividend Growth Rate is 2.40%, which is near median its 10-year median of 2.40 and 11.1% below the REITs industry median of 2.70. Primaris REIT's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Primaris REIT (PMREF), the current 3-Year Dividend Growth Rate is 2.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $16.50 is trading 25.7% above its estimated GF Value™ of $13.13.
GuruFocus considers Primaris REIT to be Modestly Overvalued.
Key valuation signals for PMREF:
3-Year Dividend Growth Rate: 2.40% (near median its 10-year median of 2.40)
GF Value™: $13.13 vs. price of $16.50 (25.7% above fair value)
Industry Position: 11.1% below the REITs median (#320 of 626)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
79GF Score
Get the complete analysis for PMREF
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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