MHCUF (Flagship Communities REIT) Dividend Payout Ratio: 0.23 (As of Mar. 2026) — 15% Below Median


MHCUF Flagship Communities REIT MHCUF
61 GF Score
Price $21.12
GF Value $20.93
Valuation Fairly Valued
! 7 Warning Signs
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What is Flagship Communities REIT Dividend Payout Ratio?

Flagship Communities REIT MHCUF 61 Dividend Payout Ratio is 0.23 as of Mar. 2026, which is 15% below its 10-year median of 0.27. GuruFocus rates MHCUF with a GF Score™ of 61/100 and a GF Value™ of $20.93 (Fairly Valued). The stock has 7 warning signs investors should review. Among 711 REITs companies, Flagship Communities REIT ranks better than 96.62% 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. Flagship Communities REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.23.

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

MHCUF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.27   Max: 0.3
Current: 0.21


During the past 8 years, the highest Dividend Payout Ratio of Flagship Communities REIT was 0.30. The lowest was 0.21. And the median was 0.27.

MHCUF's Dividend Payout Ratio is ranked better than
96.62% of 711 companies
in the REITs industry
Industry Median: 0.99 vs MHCUF: 0.21

As of today (2026-07-11), the Dividend Yield % of Flagship Communities REIT is 3.06%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Flagship Communities REIT was 4.21%. The lowest was 0.64%. And the median was 3.38%.

Flagship Communities REIT's Dividends per Share for the months ended in Mar. 2026 was $0.16.

During the past 12 months, Flagship Communities REIT's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Flagship Communities REIT was 5.20% per year. The lowest was 5.20% per year. And the median was 5.20% 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.


Flagship Communities REIT (OTCPK:MHCUF) 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.


Flagship Communities REIT Dividend Payout Ratio Related Terms


Flagship Communities REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Flagship Communities 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.

Flagship Communities REIT Dividend Payout Ratio Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.28 0.30 0.27 0.25 0.23

Flagship Communities 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 0.38 0.21 0.26 0.17 0.23

MHCUF vs AVB, EQR, ESS: Dividend Payout Ratio Comparison

For the REIT - Residential subindustry, Flagship Communities 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.


Flagship Communities REIT Dividend Payout Ratio vs REITs Industry

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

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


MHCUF
61GF Score
Flagship Communities REIT MHCUF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flagship Communities 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.

Flagship Communities 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 )
=0.629/ 2.69
=0.23

Flagship Communities 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 )
=0.164/ 0.726
=0.23

* 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 0.23 mean?
Flagship Communities REIT (MHCUF) has a Dividend Payout Ratio of 0.23 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Flagship Communities REIT and its competitors. This is 15% below median its historical median of 0.27. Over the past decade, Flagship Communities REIT's Dividend Payout Ratio has ranged from 0.21 to 0.30. According to the industry distribution chart, Flagship Communities REIT ranks #24 out of 711 companies in the REITs industry, placing it in the top 3.4%.
Is Flagship Communities REIT's Dividend Payout Ratio too high?
Flagship Communities REIT's current Dividend Payout Ratio of 0.23 is 15% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.30. The REITs industry median Dividend Payout Ratio is 0.99. Flagship Communities REIT's value of 0.23 is 76.8% below this industry median. Based on the distribution chart, Flagship Communities REIT ranks #24 out of 711 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Flagship Communities REIT has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flagship Communities REIT's Dividend Payout Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Flagship Communities REIT ranks #24 out of 711 companies for Dividend Payout Ratio. This places Flagship Communities REIT in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Flagship Communities REIT's value of 0.23 is 76.8% below this benchmark. Historically, Flagship Communities REIT's own Dividend Payout Ratio has ranged from 0.21 to 0.30 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.99, Flagship Communities 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 711 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. Flagship Communities REIT's current Dividend Payout Ratio of 0.23 is 76.8% 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 Flagship Communities 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. Flagship Communities REIT's current Dividend Payout Ratio is 0.23, which is 15% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flagship Communities REIT stock overvalued right now?
Based on GuruFocus' analysis, Flagship Communities REIT (MHCUF) is currently considered Fairly Valued. The stock's GF Value™ is $20.93, compared to a current price of $21.12 — trading 0.9% above its estimated fair value. The current Dividend Payout Ratio is 0.23, which is 15% below median its 10-year median of 0.27 and 76.8% below the REITs industry median of 0.99. Flagship Communities REIT's overall GF Score™ is 61/100 with 7 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 Flagship Communities REIT (MHCUF), the current Dividend Payout Ratio is 0.23 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 Flagship Communities REIT (MHCUF) Overvalued in 2026?

Based on GuruFocus' analysis, Flagship Communities REIT stock appears to be overvalued. The current stock price of $21.12 is trading 0.9% above its estimated GF Value™ of $20.93. GuruFocus considers Flagship Communities REIT to be Fairly Valued.

Key valuation signals for MHCUF:

  • Dividend Payout Ratio: 0.23 (15% below median its 10-year median of 0.27)
  • GF Value™: $20.93 vs. price of $21.12 (0.9% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 76.8% below the REITs median (#24 of 711)

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


Flagship Communities REIT Business Description

Industry Real EstateREITs
Other Exchanges MHC.UN:CanadaMHC.U:Canada
Address 2220 Grandview Drive, Suite 280, Erlanger, KY, USA, 41017
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.
61GF Score

Get the complete analysis for MHCUF

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

$21.12
Price
$20.93
GF Value