Primaris REITPMREF 83 Dividend Yield % is 4.40% as of Jun. 24, 2026, which is 21% below its 10-year median of 5.59. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 874 REITs companies, Primaris REIT ranks worse than 82.27% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Primaris REIT is 4.40%.
Warning Sign:
Primaris REIT stock Dividend Yield % is close to 3-year low.
The historical rank and industry rank for Primaris REIT's Dividend Yield % or its related term are showing as below:
PMREF'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.31 Med: 5.59 Max: 6.61
Current: 4.4
During the past 13 years, the highest Dividend Yield of Primaris REIT was 6.61%. The lowest was 1.31%. And the median was 5.59%.
PMREF's Dividend Yield % is ranked worse than 82.27% of 874
companies
in the REITs industry
Industry Median: 6.755
vs PMREF: 4.40
During the past 12 months, Primaris REIT's average Dividends Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primaris REIT was 2.40% per year. The lowest was 2.40% per year. And the median was 2.40% 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.
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.
The historical data trend for Primaris 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.
For the REIT - Retail subindustry, Primaris 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.
Primaris REIT Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Primaris REIT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.073330
2026-05-29
2026-05-29
2026-06-15
Cash Dividend
monthly
CAD:USD 0.725479
CAD 0.073330
2026-04-30
2026-04-30
2026-05-15
Cash Dividend
monthly
CAD:USD 0.734700
CAD 0.073330
2026-03-31
2026-03-31
2026-04-15
Cash Dividend
monthly
CAD:USD 0.716692
CAD 0.073330
2026-02-27
2026-02-27
2026-03-16
Cash Dividend
monthly
CAD:USD 0.733568
CAD 0.073330
2026-01-30
2026-01-30
2026-02-17
Cash Dividend
monthly
CAD:USD 0.737626
CAD 0.073330
2025-12-31
2025-12-31
2026-01-15
Cash Dividend
monthly
CAD:USD 0.729288
CAD 0.071700
2025-11-28
2025-11-28
2025-12-15
Cash Dividend
monthly
CAD:USD 0.715153
CAD 0.071700
2025-10-31
2025-10-31
2025-11-17
Cash Dividend
monthly
CAD:USD 0.713776
CAD 0.071670
2025-09-29
2025-09-30
2025-10-15
Cash Dividend
monthly
CAD:USD 0.718030
CAD 0.071700
2025-08-29
2025-08-29
2025-09-15
Cash Dividend
monthly
CAD:USD 0.725505
CAD 0.071700
2025-07-31
2025-07-31
2025-08-15
Cash Dividend
monthly
CAD:USD 0.722282
CAD 0.071700
2025-06-30
2025-06-30
2025-07-15
Cash Dividend
monthly
CAD:USD 0.734214
* 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.
Primaris REIT's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.63135618659
/
14.30
=
4.42 %
Current Share Price is $14.30. Primaris REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.63135618659.
Primaris REIT's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.63839250084
/
14.30
=
4.46 %
Current Share Price is $14.30. Primaris REIT's Dividends per Share for the forward twelve months is calculated as $0.05319937507 * 12 = $0.63839250084.
* 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.
Primaris REIT (PMREF) has a Dividend Yield % of 4.40% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Primaris REIT and its competitors. This is 21% below median its historical median of 5.59. Over the past decade, Primaris REIT's Dividend Yield % has ranged from 1.31 to 6.61. According to the industry distribution chart, Primaris REIT ranks #719 out of 874 companies in the REITs industry, placing it in the top 82.3%.
Is Primaris REIT's Dividend Yield % too high?
Primaris REIT's current Dividend Yield % of 4.40% is 21% below median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 6.61. The REITs industry median Dividend Yield % is 6.76. Primaris REIT's value of 4.40% is 34.9% below this industry median. Based on the distribution chart, Primaris REIT ranks #719 out of 874 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Dividend Yield % compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #719 out of 874 companies for Dividend Yield %. This places Primaris REIT in the lower half of its industry. The industry median Dividend Yield % is 6.76. Primaris REIT's value of 4.40% is 34.9% below this benchmark. Historically, Primaris REIT's own Dividend Yield % has ranged from 1.31 to 6.61 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 6.76, Primaris REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.76, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Dividend Yield % of 4.40% is 34.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Dividend Yield % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Dividend Yield % is 4.40%, which is 21% below median its own 10-year median of 5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Fairly Valued. The stock's GF Value™ is $13.25, compared to a current price of $14.30 — trading 7.9% above its estimated fair value. The current Dividend Yield % is 4.40%, which is 21% below median its 10-year median of 5.59 and 34.9% below the REITs industry median of 6.76. Primaris REIT's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Dividend Yield % is 4.40% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $14.30 is trading 7.9% above its estimated GF Value™ of $13.25.
GuruFocus considers Primaris REIT to be Fairly Valued.
Key valuation signals for PMREF:
Dividend Yield %: 4.40% (21% below median its 10-year median of 5.59)
GF Value™: $13.25 vs. price of $14.30 (7.9% above fair value)
Industry Position: 34.9% below the REITs median (#719 of 874)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
83GF Score
Get the complete analysis for PMREF
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