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Invitation Homes (Invitation Homes) Dividend Payout Ratio : 3.60 (As of Dec. 2023)


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What is Invitation Homes Dividend Payout Ratio?

Invitation Homes's dividend payout ratio for the months ended in Dec. 2023 was 3.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invitation Homes Inc is 2.15, which seems too high.

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

INVH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.12   Max: 3.36
Current: 2.15


During the past 10 years, the highest Dividend Payout Ratio of Invitation Homes was 3.36. The lowest was 1.59. And the median was 2.12.

INVH's Dividend Payout Ratio is ranked worse than
81.91% of 564 companies
in the REITs industry
Industry Median: 1.01 vs INVH: 2.15

As of today (2024-04-25), the Dividend Yield % of Invitation Homes is 3.18%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Invitation Homes was 4.04%. The lowest was 0.26%. And the median was 1.88%.

Invitation Homes's Dividends per Share for the months ended in Dec. 2023 was $0.54.

During the past 12 months, Invitation Homes's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.80% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Invitation Homes was 39.70% per year. The lowest was 15.60% per year. And the median was 24.65% per year.

The growth rate is calculated with least square regression.

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


Invitation Homes Dividend Payout Ratio Historical Data

The historical data trend for Invitation Homes'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.

* Premium members only.

Invitation Homes Dividend Payout Ratio Chart

Invitation Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 2.50 1.71 1.59 2.12

Invitation Homes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 1.60 1.62 1.87 3.60

Competitive Comparison of Invitation Homes's Dividend Payout Ratio

For the REIT - Residential subindustry, Invitation Homes'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.


Invitation Homes's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Invitation Homes's Dividend Payout Ratio falls into.



Invitation Homes Dividend Payout Ratio Calculation

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

Invitation Homes'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 )
=1.32/ 0.624
=2.12

Invitation Homes'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 )
=0.54/ 0.15
=3.60

* 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.


Invitation Homes (NYSE:INVH) 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.


Invitation Homes Dividend Payout Ratio Related Terms

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


Invitation Homes (Invitation Homes) Business Description

Traded in Other Exchanges
Address
1717 Main Street, Suite 2000, Dallas, TX, USA, 75201
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Executives
Scott G. Eisen officer: EVP, Chief Investment Officer 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Jonathan S. Olsen officer: EVP & CFO 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Keith D Taylor director 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Frances Aldrich Sevilla-sacasa director 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Dallas B Tanner officer: See Remarks C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Charles D. Young officer: Chief Operating Officer C/O STARWOOD WAYPOINT RESIDENTIAL TRUST, 1999 HARRISON STREET, 24TH FLOOR, OAKLAND CA 94612
Bryce Blair director
Ernest Michael Freedman officer: See Remarks 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Kimberly K Norrell officer: See Remarks C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Roizen Jo Ann Heidi director
Joseph D Margolis director C/O ARSENAL REAL ESTATE FUNDS, 117 ON THE GREEN, 67 PARK PLACE EAST, MORRISTOWN NJ 07960
Brep Ih6 Holdings Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Ih3 Holdco Gp Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Brep Vii-nq Side-by-side Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154