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Citicore Energy REIT (PHS:CREIT) Dividend Yield % : 6.61% (As of Sep. 25, 2024)


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What is Citicore Energy REIT Dividend Yield %?

As of today (2024-09-25), the Trailing Annual Dividend Yield of Citicore Energy REIT is 6.61%.

Good Sign:

Citicore Energy REIT Corp stock dividend yield is close to 3-year high.

The historical rank and industry rank for Citicore Energy REIT's Dividend Yield % or its related term are showing as below:

PHS:CREIT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.35   Med: 6.96   Max: 7.32
Current: 6.61

During the past 7 years, the highest Dividend Yield of Citicore Energy REIT was 7.32%. The lowest was 1.35%. And the median was 6.96%.

PHS:CREIT's Dividend Yield % is ranked better than
50.41% of 861 companies
in the REITs industry
Industry Median: 6.57 vs PHS:CREIT: 6.61

Citicore Energy REIT's Dividend Payout Ratio for the three months ended in Jun. 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 Citicore Energy REIT Corp is 0.96, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Citicore Energy REIT was 0.96. The lowest was 0.84. And the median was 0.87.

As of today (2024-09-25), the Forward Dividend Yield % of Citicore Energy REIT is 6.45%.

Citicore Energy REIT's Dividends per Share for the three months ended in Jun. 2024 was ₱0.05.

During the past 12 months, Citicore Energy REIT's average Dividends Per Share Growth Rate was 12.30% 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.


Citicore Energy REIT Dividend Yield % Historical Data

The historical data trend for Citicore Energy REIT'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.

Citicore Energy REIT Dividend Yield % Chart

Citicore Energy REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - 7.29 7.38

Citicore Energy REIT Quarterly Data
Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.99 7.19 7.38 6.77 7.20

Competitive Comparison of Citicore Energy REIT's Dividend Yield %

For the REIT - Specialty subindustry, Citicore Energy REIT'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.


Citicore Energy REIT's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Citicore Energy REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Citicore Energy REIT's Dividend Yield % falls into.



Citicore Energy REIT Dividend Yield % Calculation

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

Citicore Energy REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PHP 0.0490002024-09-092024-09-102024-10-04Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0490002024-06-112024-06-132024-07-09Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0540002024-04-172024-04-182024-05-15Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0490002023-12-222023-12-272024-01-22Cash DividendquarterlyPHP:PHP 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.

Citicore Energy REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.201/3.05
=6.59 %

Current Share Price is ₱3.05.
Citicore Energy REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱0.201.

Citicore Energy REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.196/3.05
=6.43 %

Current Share Price is ₱3.05.
Citicore Energy REIT's Dividends per Share for the forward twelve months is calculated as ₱0.049 * 4 = ₱0.196.

* 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.


Citicore Energy REIT  (PHS:CREIT) 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.


Citicore Energy REIT Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Citicore Energy REIT's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Citicore Energy REIT Business Description

Traded in Other Exchanges
N/A
Address
276 Col. Bonny Serrano Avenue, 11th Floor, Rockwell Santolan Town Plaza, Little Baguio, San Juan, PHL
Citicore Energy REIT Corp has engaged in renewable energy generation as well as property leasing, both from leasehold and freehold land assets. It promotes renewable energy generation, agricultural production, and community development, offering stable and sustainable income, above-market returns, and capital appreciation.

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