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Summit Industrialome REIT (TSX:SMU.UN) 3-Year Dividend Growth Rate : -3.50% (As of Dec. 2022)


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What is Summit Industrialome REIT 3-Year Dividend Growth Rate?

Summit Industrialome REIT's Dividends per Share for the three months ended in Dec. 2022 was C$0.05.

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

TSX:SMU.UN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0   Med: 0.8   Max: 56
Current: -3.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Summit Industrialome REIT was 56.00% per year. The lowest was 0.00% per year. And the median was 0.80% per year.

TSX:SMU.UN's 3-Year Dividend Growth Rate is not ranked
in the REITs industry.
Industry Median: 2.25 vs TSX:SMU.UN: -3.50

During the past 12 months, Summit Industrialome REIT's average Dividends Per Share Growth Rate was -14.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.30% 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.

Summit Industrialome REIT's Dividend Payout Ratio for the three months ended in Dec. 2022 was 0.02. As of today, Summit Industrialome REIT's Dividend Yield % is 2.04%.

Warning Sign:

Summit Industrial Income REIT stock dividend yield is close to 5-year low.

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


Competitive Comparison of Summit Industrialome REIT's 3-Year Dividend Growth Rate

For the REIT - Industrial subindustry, Summit Industrialome 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.


Summit Industrialome REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

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



Summit Industrialome 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.


Summit Industrialome REIT  (TSX:SMU.UN) 3-Year Dividend Growth Rate Explanation

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

Summit Industrialome REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2022 )/ EPS without NRI (Q: Dec. 2022 )
=0.048/ 2.434
=0.02

During the past 13 years, the highest Dividend Payout Ratio of Summit Industrialome REIT was 1.00. The lowest was 0.08. And the median was 0.40.

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

During the past 13 years, the highest Dividend Yield of Summit Industrialome REIT was 9.33%. The lowest was 0.61%. And the median was 5.65%.

Warning Sign:

Summit Industrial Income REIT stock dividend yield is close to 5-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.


Summit Industrialome REIT 3-Year Dividend Growth Rate Related Terms>


Summit Industrialome REIT (TSX:SMU.UN) Business Description

Traded in Other Exchanges
N/A
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with property locations in Ontario, Western Canada, Quebec and Atlantic Canada. The company is focused on the light industrial sector of the Canadian real estate industry.

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