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SITE Centers (SITE Centers) 5-Year Dividend Growth Rate : -12.50% (As of Dec. 2023)


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What is SITE Centers 5-Year Dividend Growth Rate?

SITE Centers's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

During the past 3 years, the average Dividends Per Share Growth Rate was 27.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -12.40% 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 3-Year average Dividends Per Share Growth Rate of SITE Centers was 89.00% per year. The lowest was -67.70% per year. And the median was 5.40% per year.

SITE Centers's Dividend Payout Ratio for the three months ended in Dec. 2023 was 4.64. As of today, SITE Centers's Dividend Yield % is 3.85%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SITE Centers Corp is 3.44, which seems too high.

Warning Sign:

SITE Centers Corp stock dividend yield is close to 1-year low.

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


Competitive Comparison of SITE Centers's 5-Year Dividend Growth Rate

For the REIT - Retail subindustry, SITE Centers's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


SITE Centers's 5-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SITE Centers's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SITE Centers's 5-Year Dividend Growth Rate falls into.



SITE Centers 5-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 least square regression.

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.


SITE Centers  (NYSE:SITC) 5-Year Dividend Growth Rate Explanation

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

SITE Centers'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 )
=0.13/ 0.028
=4.64

During the past 13 years, the highest Dividend Payout Ratio of SITE Centers was 4.62. The lowest was 1.11. And the median was 2.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SITE Centers Corp is 3.44, which seems too high.

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

SITE Centers Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1302024-03-132024-03-142024-04-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-12-082023-12-112024-01-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-09-252023-09-262023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-06-132023-06-142023-07-06Cash DividendquarterlyUSD: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.

SITE Centers's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.52/13.48
=3.86 %

Current Share Price is $13.48.
SITE Centers's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.52.

During the past 13 years, the highest Dividend Yield of SITE Centers was 18.65%. The lowest was 1.02%. And the median was 4.54%.

Warning Sign:

SITE Centers Corp stock dividend yield is close to 1-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.


SITE Centers 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of SITE Centers's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


SITE Centers (SITE Centers) Business Description

Industry
Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.
Executives
John M Cattonar officer: EVP & Chief Investment Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes director, officer: President & CEO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy officer: Sr. V.P. & Chief Acct. Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor officer: EVP, CFO & Treasurer 3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: EVP & COO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern director 1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne director C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston director 3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower officer: EVP, CFO & Treasurer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236