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Premiere Island Power REIT (PHS:PREIT) Dividend Yield % : 7.21% (As of Sep. 26, 2024)


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What is Premiere Island Power REIT Dividend Yield %?

As of today (2024-09-26), the Trailing Annual Dividend Yield of Premiere Island Power REIT is 7.21%.

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

PHS:PREIT' s Dividend Yield % Range Over the Past 10 Years
Min: 6.32   Med: 8.48   Max: 10.68
Current: 7.21

During the past 3 years, the highest Dividend Yield of Premiere Island Power REIT was 10.68%. The lowest was 6.32%. And the median was 8.48%.

PHS:PREIT's Dividend Yield % is ranked better than
55.63% of 861 companies
in the REITs industry
Industry Median: 6.57 vs PHS:PREIT: 7.21

Premiere Island Power REIT's Dividend Payout Ratio for the three months ended in Jun. 2024 was 1.78.

During the past 3 years, the highest Dividend Payout Ratio of Premiere Island Power REIT was 0.70. The lowest was 0.64. And the median was 0.64.

As of today (2024-09-26), the Forward Dividend Yield % of Premiere Island Power REIT is 6.59%.

Premiere Island Power REIT's Dividends per Share for the three months ended in Jun. 2024 was ₱0.07.

During the past 12 months, Premiere Island Power REIT's average Dividends Per Share Growth Rate was 49.00% 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.


Premiere Island Power REIT Dividend Yield % Historical Data

The historical data trend for Premiere Island Power 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.

Premiere Island Power REIT Dividend Yield % Chart

Premiere Island Power REIT Annual Data
Trend Dec21 Dec22 Dec23
Dividend Yield %
- - 8.70

Premiere Island Power REIT Quarterly Data
Dec21 May22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 8.70 8.70 10.80 9.26

Competitive Comparison of Premiere Island Power REIT's Dividend Yield %

For the REIT - Specialty subindustry, Premiere Island Power 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.


Premiere Island Power REIT's Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Premiere Island Power REIT's Dividend Yield % falls into.



Premiere Island Power REIT Dividend Yield % Calculation

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

Premiere Island Power REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PHP 0.0326002024-09-122024-09-132024-09-27Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0326002024-06-102024-06-112024-06-28Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0388002024-04-252024-04-262024-05-13Cash DividendquarterlyPHP:PHP 1.000000
PHP 0.0388002024-02-192024-02-202024-03-12Cash 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.

Premiere Island Power REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1428/2.00
=7.14 %

Current Share Price is ₱2.00.
Premiere Island Power REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₱0.1428.

Premiere Island Power REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1304/2.00
=6.52 %

Current Share Price is ₱2.00.
Premiere Island Power REIT's Dividends per Share for the forward twelve months is calculated as ₱0.0326 * 4 = ₱0.1304.

* 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.


Premiere Island Power REIT  (PHS:PREIT) 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.


Premiere Island Power REIT Dividend Yield % Related Terms

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


Premiere Island Power REIT Business Description

Traded in Other Exchanges
N/A
Address
CV Starr Avenue, 4th Floor Starmall IT Hub, Pamplona Dos, Philamlife Village, Las Piñas, PHL, 1747
Premiere Island Power REIT Corp operates as a real estate investment trust, holding assets that operate in the power generation industry. It is formed primarily to own and invest in income-generating assets that meet the company's investment criteria. The REIT has determined that it operates as one operating segment. The REIT's only income-generating activity is the lease of its land, right-of-use asset, buildings and generation asset. The REIT derives its rental income from SIPCOR and CAMPCOR.

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