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DRI Healthcare Trust (TSX:DHT.U) Dividend Yield % : 2.50% (As of Apr. 30, 2024)


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What is DRI Healthcare Trust Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of DRI Healthcare Trust is 2.50%.

Warning Sign:

DRI Healthcare Trust stock dividend yield is close to 3-year low.

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

TSX:DHT.U' s Dividend Yield % Range Over the Past 10 Years
Min: 2.39   Med: 3.79   Max: 6.12
Current: 2.5

During the past 3 years, the highest Dividend Yield of DRI Healthcare Trust was 6.12%. The lowest was 2.39%. And the median was 3.79%.

TSX:DHT.U's Dividend Yield % is ranked better than
67.4% of 500 companies
in the Drug Manufacturers industry
Industry Median: 1.72 vs TSX:DHT.U: 2.50

DRI Healthcare Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22.

During the past 3 years, the highest Dividend Payout Ratio of DRI Healthcare Trust was 1.00. The lowest was 0.13. And the median was 0.27.

As of today (2024-04-30), the Forward Dividend Yield % of DRI Healthcare Trust is 2.74%.

DRI Healthcare Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.08.

The growth rate is calculated with least square regression.

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


DRI Healthcare Trust Dividend Yield % Historical Data

The historical data trend for DRI Healthcare Trust'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.

DRI Healthcare Trust Dividend Yield % Chart

DRI Healthcare Trust Annual Data
Trend Dec21 Dec22 Dec23
Dividend Yield %
3.21 5.02 3.16

DRI Healthcare Trust Quarterly Data
Mar21 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 Premium Member Only 5.02 5.60 3.99 3.80 3.16

Competitive Comparison of DRI Healthcare Trust's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare Trust'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.


DRI Healthcare Trust's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where DRI Healthcare Trust's Dividend Yield % falls into.



DRI Healthcare Trust Dividend Yield % Calculation

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

DRI Healthcare Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0852024-03-272024-03-312024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-12-282023-12-312024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-09-282023-09-302023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-06-292023-06-302023-07-20Cash 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.

DRI Healthcare Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.31/12.41
=2.50 %

Current Share Price is $12.41.
DRI Healthcare Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.31.

DRI Healthcare Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.34/12.41
=2.74 %

Current Share Price is $12.41.
DRI Healthcare Trust's Dividends per Share for the forward twelve months is calculated as $0.085 * 4 = $0.34.

* 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.


DRI Healthcare Trust  (TSX:DHT.U) 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.


DRI Healthcare Trust Dividend Yield % Related Terms

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


DRI Healthcare Trust (TSX:DHT.U) Business Description

Traded in Other Exchanges
Address
100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1
DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

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