CNNRF (Canadian Net REIT) Dividend Payout Ratio: 0.65 (As of Mar. 2026) — 10% Above Median


CNNRF Canadian Net REIT CNNRF
77 GF Score
Price $4.51
GF Value $4.09
Valuation Fairly Valued
! 10 Warning Signs
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What is Canadian Net REIT Dividend Payout Ratio?

Canadian Net REIT CNNRF -2.59% 77 Dividend Payout Ratio is 0.65 as of Mar. 2026, which is 10% above its 10-year median of 0.59. GuruFocus rates CNNRF with a GF Score™ of 77/100 and a GF Value™ of $4.09 (Fairly Valued). The stock has 10 warning signs investors should review. Among 718 REITs companies, Canadian Net REIT ranks better than 84.4% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Canadian Net REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.65.

The historical rank and industry rank for Canadian Net REIT's Dividend Payout Ratio or its related term are showing as below:

CNNRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.59   Max: 0.72
Current: 0.54

During the past 13 years, the highest Dividend Payout Ratio of Canadian Net REIT was 0.72. The lowest was 0.45. And the median was 0.59.

CNNRF's Dividend Payout Ratio is ranked better than
84.4% of 718 companies
in the REITs industry
Industry Median: 0.99 vs CNNRF: 0.54

As of today (2026-06-27), the Dividend Yield % of Canadian Net REIT is 5.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Net REIT was 7.42%. The lowest was 2.66%. And the median was 3.93%.

Canadian Net REIT's Dividends per Share for the months ended in Mar. 2026 was $0.06.

During the past 12 months, Canadian Net REIT's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Net REIT was 21.10% per year. The lowest was 0.80% per year. And the median was 9.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Canadian Net REIT (OTCPK:CNNRF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Canadian Net REIT Dividend Payout Ratio Related Terms

Canadian Net REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Net REIT's Dividend Payout Ratio can be seen below:

* 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.

Canadian Net REIT Dividend Payout Ratio Chart

Canadian Net REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.54 0.52 0.64 0.52

Canadian Net REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.69 0.57 0.37 0.65

CNNRF vs VICI, WPC, BNL: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Canadian Net REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Canadian Net REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Canadian Net REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Net REIT's Dividend Payout Ratio falls into.


CNNRF
77GF Score
Canadian Net REIT CNNRF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Net REIT Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Canadian Net REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.252/ 0.482
=0.52

Canadian Net REIT's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.064/ 0.098
=0.65

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.65 mean?
Canadian Net REIT (CNNRF) has a Dividend Payout Ratio of 0.65 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Net REIT and its competitors. This is 10% above median its historical median of 0.59. Over the past decade, Canadian Net REIT's Dividend Payout Ratio has ranged from 0.45 to 0.72. According to the industry distribution chart, Canadian Net REIT ranks #112 out of 718 companies in the REITs industry, placing it in the top 15.6%.
Is Canadian Net REIT's Dividend Payout Ratio too high?
Canadian Net REIT's current Dividend Payout Ratio of 0.65 is 10% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.72. The REITs industry median Dividend Payout Ratio is 0.99. Canadian Net REIT's value of 0.65 is 34.3% below this industry median. Based on the distribution chart, Canadian Net REIT ranks #112 out of 718 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Net REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Net REIT's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Canadian Net REIT ranks #112 out of 718 companies for Dividend Payout Ratio. This places Canadian Net REIT in the top 16% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Canadian Net REIT's value of 0.65 is 34.3% below this benchmark. Historically, Canadian Net REIT's own Dividend Payout Ratio has ranged from 0.45 to 0.72 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.99, Canadian Net 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 Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Net REIT's current Dividend Payout Ratio of 0.65 is 34.3% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Net REIT and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Net REIT's current Dividend Payout Ratio is 0.65, which is 10% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Net REIT stock overvalued right now?
Based on GuruFocus' analysis, Canadian Net REIT (CNNRF) is currently considered Fairly Valued. The stock's GF Value™ is $4.09, compared to a current price of $4.51 — trading 10.3% above its estimated fair value. The current Dividend Payout Ratio is 0.65, which is 10% above median its 10-year median of 0.59 and 34.3% below the REITs industry median of 0.99. Canadian Net REIT's overall GF Score™ is 77/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Canadian Net REIT (CNNRF), the current Dividend Payout Ratio is 0.65 as of Mar. 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 Canadian Net REIT (CNNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Net REIT stock appears to be overvalued. The current stock price of $4.51 is trading 10.3% above its estimated GF Value™ of $4.09. GuruFocus considers Canadian Net REIT to be Fairly Valued.

Key valuation signals for CNNRF:

  • Dividend Payout Ratio: 0.65 (10% above median its 10-year median of 0.59)
  • GF Value™: $4.09 vs. price of $4.51 (10.3% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 34.3% below the REITs median (#112 of 718)

No single metric tells the full story. See the CNNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Canadian Net REIT Business Description

Industry Real EstateREITs
Other Exchanges NET.UN:Canada
Address 106 Gun Avenue, A/S Jason Parravano, Pointe Claire, QC, CAN, H9R 3X3
Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.
77GF Score

Get the complete analysis for CNNRF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.51
Price
$4.09
GF Value