Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Dividend Payout Ratio : 0.27 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Morguard North American Residential Real Estate Investment Trust Dividend Payout Ratio?

Morguard North American Residential Real Estate Investment Trust's dividend payout ratio for the months ended in Mar. 2024 was 0.27.

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

TSX:MRG.UN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.79 Max: 2.37
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Morguard North American Residential Real Estate Investment Trust was 2.37. The lowest was 0.22. And the median was 0.79.

TSX:MRG.UN's Dividend Payout Ratio is ranked better than
95.17% of 559 companies
in the REITs industry
Industry Median: 1.01 vs TSX:MRG.UN: 0.27

As of today (2024-05-12), the Dividend Yield % of Morguard North American Residential Real Estate Investment Trust is 4.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Morguard North American Residential Real Estate Investment Trust was 6.67%. The lowest was 3.29%. And the median was 4.46%.

Morguard North American Residential Real Estate Investment Trust's Dividends per Share for the months ended in Mar. 2024 was C$0.19.

During the past 12 months, Morguard North American Residential Real Estate Investment Trust's average Dividends Per Share Growth Rate was 2.80% per year. 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 1.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morguard North American Residential Real Estate Investment Trust was 12.40% per year. The lowest was 0.40% per year. And the median was 2.30% per year.

The growth rate is calculated with least square regression.

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

Morguard North American Residential Real Estate Investment Trust Dividend Payout Ratio Historical Data

The historical data trend for Morguard North American Residential 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.

Morguard North American Residential Real Estate Investment Trust Dividend Payout Ratio Chart

Morguard North American Residential 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

0.98

0.22

1.86

0.48

0.28

Morguard North American Residential 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															0.24	0.25	0.12	0.19	0.27

Competitive Comparison of Morguard North American Residential Real Estate Investment Trust's Dividend Payout Ratio

For the REIT - Residential subindustry, Morguard North American Residential 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.

Morguard North American Residential Real Estate Investment Trust's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Dividend Payout Ratio falls into.

Morguard North American Residential Real Estate Investment Trust Dividend Payout Ratio Calculation

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

Morguard North American Residential 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 )
	=	0.723	/	2.59
	=	0.28

Morguard North American Residential 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 )	/	Earnings per Share (Diluted) (Q: Mar. 2024 )
	=	0.185	/	0.682
	=	0.27

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.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.

Morguard North American Residential Real Estate Investment Trust Dividend Payout Ratio Related Terms

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

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MNARF:USA

Address

55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3

Website

https://www.morguard.com

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Headlines

No Headlines