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FREVS (First Real Estate Investment Trust of New Jersey) Dividend Yield % : 1.57% (As of Dec. 15, 2024)


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What is First Real Estate Investment Trust of New Jersey Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of First Real Estate Investment Trust of New Jersey is 1.57%.

The historical rank and industry rank for First Real Estate Investment Trust of New Jersey's Dividend Yield % or its related term are showing as below:

FREVS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.26   Med: 2.24   Max: 12.3
Current: 1.57

During the past 13 years, the highest Dividend Yield of First Real Estate Investment Trust of New Jersey was 12.30%. The lowest was 0.26%. And the median was 2.24%.

FREVS's Dividend Yield % is ranked worse than
95.67% of 901 companies
in the REITs industry
Industry Median: 6.85 vs FREVS: 1.57

First Real Estate Investment Trust of New Jersey's Dividend Payout Ratio for the three months ended in Jul. 2024 was 0.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Real Estate Investment Trust of New Jersey Inc is 1.33, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of First Real Estate Investment Trust of New Jersey was 27.50. The lowest was 0.05. And the median was 1.39.

As of today (2024-12-15), the Forward Dividend Yield % of First Real Estate Investment Trust of New Jersey is 2.78%.

First Real Estate Investment Trust of New Jersey's Dividends per Share for the three months ended in Jul. 2024 was $0.05.

During the past 12 months, First Real Estate Investment Trust of New Jersey's average Dividends Per Share Growth Rate was -87.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 102.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Real Estate Investment Trust of New Jersey was 102.10% per year. The lowest was -56.30% per year. And the median was -3.95% 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.

First Real Estate Investment Trust of New Jersey Dividend Yield % Historical Data

The historical data trend for First Real Estate Investment Trust of New Jersey's Dividend Yield % 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.

First Real Estate Investment Trust of New Jersey Dividend Yield % Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.52 0.51 1.78 10.44

First Real Estate Investment Trust of New Jersey Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Dividend Yield % 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 8.42 10.44 1.29 1.21 1.11

Competitive Comparison of First Real Estate Investment Trust of New Jersey's Dividend Yield %

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

First Real Estate Investment Trust of New Jersey's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Dividend Yield % falls into.


First Real Estate Investment Trust of New Jersey Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Real Estate Investment Trust of New Jersey Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1200002024-11-292024-11-292024-12-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-08-302024-08-302024-09-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-05-312024-05-312024-06-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Real Estate Investment Trust of New Jersey's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.27/17.25
=1.57 %

Current Share Price is $17.25.
First Real Estate Investment Trust of New Jersey's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.27.

First Real Estate Investment Trust of New Jersey's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/17.25
=2.78 %

Current Share Price is $17.25.
First Real Estate Investment Trust of New Jersey's Dividends per Share for the forward twelve months is calculated as $0.12 * 4 = $0.48.

* 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.

First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

First Real Estate Investment Trust of New Jersey Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Real Estate Investment Trust of New Jersey's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

First Real Estate Investment Trust of New Jersey Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Real Estate Investment Trust of New Jersey Inc (OTCPK:FREVS) » Definitions » Dividend Yield %
Comparable Companies
CLPR BHM BRT AVB EQR INVH ESS MAA SUI UDR AMH ELS CPT TSX:CAR.UN IRT TSE:3269 TSX:BEI.UN XPAR:ALTA TSE:3226 VRE
Traded in Other Exchanges
N/A
Address
505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
Website
https://www.freitnj.com
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
Executives
Richard Aslanian director 4 WEST RED OAK LANE, SUITE 303, WHITE PLAINS NY 10604
Justin Meng director 10 ROCK HILL LANE, SCARSDALE NY 10583
Ronald J Artinian other: Trustee FIVE BRISTOL DRIVE, MANHASSET NY 10030
Allan Tubin officer: CFO and Treasurer 505 MAIN STREET, HACKENSACK NJ 07601
David Hekemian other: Trustee 505 MAIN STREET, SUITE 400, HACKENSACK NJ 07601
Donald W Barney officer: Trustee & President
Herbert C Klein other: Trustee 155 POLIFLY RD, HACKENSCK NJ 07601
John A Aiello officer: Trustee & Executive Secretary GIORDANO HALLERAN & CLESIA, PC 125 HALF MILE RD PO BOX 190, MIDDLETOWN NJ 07748
David F Mcbride director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORPORATE CENTER, WEST CONSHOHOCKEN PA 19428
Hekemian Robert S Jr director 370 PASCACK ROAD, TOWNSHIP OF WASHINGTON NJ 07676
Alan L Aufzien other: Trustee
Robert S Hekemian officer: CEO 505 MAIN ST, SUITE 400, HACKENSACK NJ 07601