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Flagship Communities REIT (TSX:MHC.U) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Flagship Communities REIT 3-Year Dividend Growth Rate?

Flagship Communities REIT's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

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

TSX:MHC.U'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 12 months, Flagship Communities REIT's average Dividends Per Share Growth Rate was 4.80% 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.

Flagship Communities REIT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.36. As of today, Flagship Communities REIT's Dividend Yield % is 3.74%.

Good Sign:

Flagship Communities REIT stock dividend yield is close to 5-year high.

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


Competitive Comparison of Flagship Communities REIT's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, Flagship Communities 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.


Flagship Communities REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

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



Flagship Communities 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.


Flagship Communities REIT  (TSX:MHC.U) 3-Year Dividend Growth Rate Explanation

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

Flagship Communities 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 )
=0.145/ 0.399
=0.36

During the past 6 years, the highest Dividend Payout Ratio of Flagship Communities REIT was 0.42. The lowest was 0.28. And the median was 0.36.

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

Flagship Communities REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0492024-03-272024-03-312024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0492024-02-282024-02-292024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0492024-01-302024-01-312024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0492023-12-282023-12-292024-01-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0492023-11-292023-11-302023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-10-302023-10-312023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-09-282023-09-292023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-08-302023-08-312023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-07-282023-07-312023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-06-292023-06-302023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472023-05-302023-05-312023-06-15Cash DividendmonthlyUSD: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.

Flagship Communities REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.527/15.35
=3.43 %

Current Share Price is $15.35.
Flagship Communities REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.527.

During the past 6 years, the highest Dividend Yield of Flagship Communities REIT was 3.97%. The lowest was 0.64%. And the median was 3.27%.

Good Sign:

Flagship Communities REIT stock dividend yield is close to 5-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.


Flagship Communities REIT 3-Year Dividend Growth Rate Related Terms>


Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

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