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Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Dividend Payout Ratio : 0.84 (As of Mar. 2024)


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What is Killam Apartment Real Estate Investment Trust Dividend Payout Ratio?

Killam Apartment Real Estate Investment Trust's dividend payout ratio for the months ended in Mar. 2024 was 0.84.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Killam Apartment Real Estate Investment Trust is 0.78, which seems too high.

The historical rank and industry rank for Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio or its related term are showing as below:

TSX:KMP.UN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.88   Max: 1.22
Current: 0.78


During the past 13 years, the highest Dividend Payout Ratio of Killam Apartment Real Estate Investment Trust was 1.22. The lowest was 0.53. And the median was 0.88.

TSX:KMP.UN's Dividend Payout Ratio is ranked better than
73.35% of 559 companies
in the REITs industry
Industry Median: 1.01 vs TSX:KMP.UN: 0.78

As of today (2024-05-12), the Dividend Yield % of Killam Apartment Real Estate Investment Trust is 4.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Killam Apartment Real Estate Investment Trust was 5.91%. The lowest was 2.87%. And the median was 4.15%.

Killam Apartment Real Estate Investment Trust's Dividends per Share for the months ended in Mar. 2024 was C$0.18.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Killam Apartment Real Estate Investment Trust was 6.20% per year. The lowest was -1.80% per year. And the median was 1.40% per year.

The growth rate is calculated with least square regression.

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


Killam Apartment Real Estate Investment Trust Dividend Payout Ratio Historical Data

The historical data trend for Killam Apartment Real Estate Investment Trust'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.

Killam Apartment Real Estate Investment Trust Dividend Payout Ratio Chart

Killam Apartment Real Estate Investment Trust 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 0.96 0.68 0.99 0.59 0.72

Killam Apartment Real Estate Investment Trust 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 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 0.87 0.70 0.60 1.17 0.84

Competitive Comparison of Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio

For the REIT - Residential subindustry, Killam Apartment Real Estate Investment Trust'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.


Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio falls into.



Killam Apartment Real Estate Investment Trust Dividend Payout Ratio Calculation

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

Killam Apartment Real Estate Investment Trust'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 )
=0.7/ 0.97
=0.72

Killam Apartment Real Estate Investment Trust'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 )
=0.175/ 0.209
=0.84

* 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.


Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) 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.


Killam Apartment Real Estate Investment Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Business Description

Traded in Other Exchanges
Address
3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHCs) and commercial properties in Canada. It has three operating segments, Apartment segment, MHC segment, and Commercial segment. The apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment includes eight commercial properties.

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