Premiere Island Power REIT (PHS:PREIT) Dividend Payout Ratio : 0.98 (As of Mar. 2024)

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What is Premiere Island Power REIT Dividend Payout Ratio?

Premiere Island Power REIT's dividend payout ratio for the months ended in Mar. 2024 was 0.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Premiere Island Power REIT Corp is 0.82, which seems too high.

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

PHS:PREIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.64 Max: 0.82
Current: 0.82

During the past 3 years, the highest Dividend Payout Ratio of Premiere Island Power REIT was 0.82. The lowest was 0.64. And the median was 0.64.

PHS:PREIT's Dividend Payout Ratio is ranked better than
69.96% of 566 companies
in the REITs industry
Industry Median: 1.01 vs PHS:PREIT: 0.82

As of today (2024-06-24), the Dividend Yield % of Premiere Island Power REIT is 9.67%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Premiere Island Power REIT was 10.68%. The lowest was 6.32%. And the median was 8.68%.

Premiere Island Power REIT's Dividends per Share for the months ended in Mar. 2024 was ₱0.04.

The growth rate is calculated with least square regression.

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

Premiere Island Power REIT Dividend Payout Ratio Historical Data

The historical data trend for Premiere Island Power 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.

* Premium members only.

Premiere Island Power REIT Dividend Payout Ratio Chart

Premiere Island Power REIT Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.64

Premiere Island Power REIT Quarterly Data
	Dec21	May22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial				-	2.45	0.90	-	0.98

Competitive Comparison of Premiere Island Power REIT's Dividend Payout Ratio

For the REIT - Specialty subindustry, Premiere Island Power 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.

Premiere Island Power REIT's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Premiere Island Power REIT's Dividend Payout Ratio falls into.

Premiere Island Power REIT Dividend Payout Ratio Calculation

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

Premiere Island Power 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 )
	=	0.134	/	0.21
	=	0.64

Premiere Island Power 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 )
	=	0.039	/	0.04
	=	0.98

Premiere Island Power REIT (PHS:PREIT) 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.

Premiere Island Power REIT Dividend Payout Ratio Related Terms

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

Premiere Island Power REIT (PHS:PREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Premiere Island Power REIT Corp (PHS:PREIT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

CV Starr Avenue, 4th Floor Starmall IT Hub, Pamplona Dos, Philamlife Village, Las Piñas, PHL, 1747

Website

https://www.preit.com.ph

Premiere Island Power REIT Corp operates as a real estate investment trust, holding assets that operate in the power generation industry. It is formed primarily to own and invest in income-generating assets that meet the company's investment criteria. The REIT has determined that it operates as one operating segment. The REIT's only income-generating activity is the lease of its land, right-of-use asset, buildings and generation asset. The REIT derives its rental income from SIPCOR and CAMPCOR.

Premiere Island Power REIT (PHS:PREIT) Headlines

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