GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MREIT Inc (PHS:MREIT) » Definitions » Dividend Yield %

MREIT (PHS:MREIT) Dividend Yield % : 7.62% (As of May. 15, 2024)


View and export this data going back to 2021. Start your Free Trial

What is MREIT Dividend Yield %?

As of today (2024-05-15), the Trailing Annual Dividend Yield of MREIT is 7.62%.

Good Sign:

MREIT Inc stock dividend yield is close to 1-year high.

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

PHS:MREIT' s Dividend Yield % Range Over the Past 10 Years
Min: 2.61   Med: 6.98   Max: 8.54
Current: 7.62

During the past 3 years, the highest Dividend Yield of MREIT was 8.54%. The lowest was 2.61%. And the median was 6.98%.

PHS:MREIT's Dividend Yield % is ranked better than
56.26% of 839 companies
in the REITs industry
Industry Median: 6.91 vs PHS:MREIT: 7.62

MREIT's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MREIT Inc is 16.42, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of MREIT was 16.42. The lowest was 16.40. And the median was 16.40.

As of today (2024-05-15), the Forward Dividend Yield % of MREIT is 7.59%.

MREIT's Dividends per Share for the three months ended in Dec. 2023 was ₱0.25.

During the past 12 months, MREIT's average Dividends Per Share Growth Rate was 1.00% per year.

The growth rate is calculated with least square regression.

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


MREIT Dividend Yield % Historical Data

The historical data trend for MREIT'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.

MREIT Dividend Yield % Chart

MREIT Annual Data
Trend Jun21 Dec22 Dec23
Dividend Yield %
- 6.73 8.00

MREIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.73 6.76 6.75 7.99 8.00

Competitive Comparison of MREIT's Dividend Yield %

For the REIT - Office subindustry, MREIT'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.


MREIT's Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where MREIT's Dividend Yield % falls into.



MREIT Dividend Yield % Calculation

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

MREIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PHP 0.2460002024-03-152024-03-182024-04-05Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.2460002023-11-172023-11-202023-12-14Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.2476002023-08-172023-08-232023-09-14Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.2476002023-05-242023-05-292023-06-19Cash 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.

MREIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.9872/12.80
=7.71 %

Current Share Price is ₱12.80.
MREIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱0.9872.

MREIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.984/12.80
=7.69 %

Current Share Price is ₱12.80.
MREIT's Dividends per Share for the forward twelve months is calculated as ₱0.246 * 4 = ₱0.984.

* 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.


MREIT  (PHS:MREIT) 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.


MREIT Dividend Yield % Related Terms

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


MREIT (PHS:MREIT) Business Description

Traded in Other Exchanges
N/A
Address
36th Street corner 11th Avenue, 18th Floor, Alliance Global Tower, Uptown Bonifacio, Taguig, PHL, 1634
MREIT Inc operates as a Real Estate Investment Trust. The company's portfolio consists of commercial spaces primarily leased for office purposes, which may also be used and leased for retail purposes as required The Company operates in single operating segment which is the lease of its buildings.

MREIT (PHS:MREIT) Headlines

No Headlines