Canadian Net REIT (Canadian Net REIT) Dividend Payout Ratio : 0.84 (As of Mar. 2024)

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What is Canadian Net REIT Dividend Payout Ratio?

Canadian Net REIT's dividend payout ratio for the months ended in Mar. 2024 was 0.84.

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: 0.42 Med: 0.62 Max: 0.89
Current: 0.53

During the past 13 years, the highest Dividend Payout Ratio of Canadian Net REIT was 0.89. The lowest was 0.42. And the median was 0.62.

CNNRF's Dividend Payout Ratio is ranked better than
86.75% of 566 companies
in the REITs industry
Industry Median: 1.01 vs CNNRF: 0.53

As of today (2024-06-22), the Dividend Yield % of Canadian Net REIT is 7.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Net REIT was 7.42%. The lowest was 2.44%. And the median was 3.76%.

Canadian Net REIT's Dividends per Share for the months ended in Mar. 2024 was $0.06.

During the past 12 months, Canadian Net REIT's average Dividends Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% 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 6.00% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

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

Canadian Net REIT Dividend Payout Ratio Historical Data

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.

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Canadian Net REIT Dividend Payout Ratio Chart

Canadian Net REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.54

0.52

Canadian Net REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.43	0.41	0.58	0.45	0.84

Competitive Comparison of Canadian Net REIT's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Canadian Net REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canadian Net REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.257	/	0.496
	=	0.52

Canadian Net REIT'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 )
	=	0.064	/	0.076
	=	0.84

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

In dividends investing, 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

Thank you for viewing the detailed overview of Canadian Net REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Net REIT (Canadian Net REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Net REIT (OTCPK:CNNRF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NET.UN:Canada

Address

106 Gun Avenue, A/S Jason Parravano, Pointe Claire, QC, CAN, H9R 3X3

Website

https://www.cnetreit.com

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.