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Choice Properties Real Estate Investment Trust (Choice Properties Real Estate Investment Trust) 3-Year Dividend Growth Rate : 0.40% (As of Mar. 2024)


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What is Choice Properties Real Estate Investment Trust 3-Year Dividend Growth Rate?

Choice Properties Real Estate Investment Trust's Dividends per Share for the three months ended in Mar. 2024 was $0.14.

The historical rank and industry rank for Choice Properties Real Estate Investment Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

PPRQF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.4   Med: 3.15   Max: 29.3
Current: 0.4

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Choice Properties Real Estate Investment Trust was 29.30% per year. The lowest was 0.40% per year. And the median was 3.15% per year.

PPRQF's 3-Year Dividend Growth Rate is ranked worse than
64.36% of 505 companies
in the REITs industry
Industry Median: 2.7 vs PPRQF: 0.40

During the past 12 months, Choice Properties Real Estate Investment Trust's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% 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.

Choice Properties Real Estate Investment Trust's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.28. As of today, Choice Properties Real Estate Investment Trust's Dividend Yield % is 5.94%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Choice Properties Real Estate Investment Trust is 1.37, which seems too high.

Good Sign:

Choice Properties Real Estate Investment Trust stock dividend yield is close to 10-year high.

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


Competitive Comparison of Choice Properties Real Estate Investment Trust's 3-Year Dividend Growth Rate

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.


Choice Properties Real Estate Investment Trust's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Choice Properties Real Estate Investment Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Choice Properties Real Estate Investment Trust's 3-Year Dividend Growth Rate falls into.



Choice Properties Real Estate Investment Trust 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.


Choice Properties Real Estate Investment Trust  (OTCPK:PPRQF) 3-Year Dividend Growth Rate Explanation

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

Choice Properties Real Estate Investment Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.139/ 0.109
=1.28

During the past 11 years, the highest Dividend Payout Ratio of Choice Properties Real Estate Investment Trust was 1.92. The lowest was 0.75. And the median was 1.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Choice Properties Real Estate Investment Trust is 1.37, which seems too high.

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

Choice Properties Real Estate Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0633302024-05-312024-05-312024-06-17Cash DividendmonthlyCAD: 1.000000
CAD 0.0633302024-04-292024-04-302024-05-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0633302024-03-272024-03-282024-04-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002024-02-282024-02-292024-03-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002024-01-302024-01-312024-02-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-12-282023-12-292024-01-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-11-292023-11-302023-12-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-10-302023-10-312023-11-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD: 1.000000
CAD 0.0625002023-06-292023-06-302023-07-17Cash DividendmonthlyCAD: 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.

Choice Properties Real Estate Investment Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.75249/9.35
=8.05 %

Current Share Price is $9.35.
Choice Properties Real Estate Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.75249.

During the past 11 years, the highest Dividend Yield of Choice Properties Real Estate Investment Trust was 6.50%. The lowest was 4.58%. And the median was 5.45%.

Good Sign:

Choice Properties Real Estate Investment Trust stock dividend yield is close to 10-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.


Choice Properties Real Estate Investment Trust 3-Year Dividend Growth Rate Related Terms>


Choice Properties Real Estate Investment Trust (Choice Properties Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Choice Properties Real Estate Investment Trust (Choice Properties Real Estate Investment Trust) Headlines

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