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Minto Apartment REIT (TSX:MI.UN) Dividend Yield %

: 3.38% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Minto Apartment REIT is 3.38%.

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

TSX:MI.UN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.53   Med: 2.27   Max: 3.74
Current: 3.38

During the past 9 years, the highest Dividend Yield of Minto Apartment REIT was 3.74%. The lowest was 0.53%. And the median was 2.27%.

TSX:MI.UN's Dividend Yield % is ranked worse than
89.57% of 834 companies
in the REITs industry
Industry Median: 7.045 vs TSX:MI.UN: 3.38

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

During the past 9 years, the highest Dividend Payout Ratio of Minto Apartment REIT was 0.77. The lowest was 0.07. And the median was 0.13.

As of today (2024-04-16), the Forward Dividend Yield % of Minto Apartment REIT is 3.44%.

Minto Apartment REIT's Dividends per Share for the three months ended in Dec. 2023 was C$0.13.

During the past 12 months, Minto Apartment REIT's average Dividends Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Minto Apartment REIT was 31.20% per year. The lowest was 3.30% per year. And the median was 4.10% per year.

The growth rate is calculated with least square regression.

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


Minto Apartment REIT Dividend Yield % Historical Data

The historical data trend for Minto Apartment 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.

Minto Apartment REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 2.19 2.09 3.42 3.04

Minto Apartment REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.26 3.23 3.59 3.04

Competitive Comparison

For the REIT - Residential subindustry, Minto Apartment 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.


Minto Apartment REIT Dividend Yield % Distribution

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

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



Minto Apartment REIT Dividend Yield % Calculation

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

Minto Apartment REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0422024-03-272024-03-312024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0422024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0422024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0422023-12-282023-12-312024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0422023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-09-282023-09-302023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0412023-04-272023-04-302023-05-15Cash DividendmonthlyCAD:CAD 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.

Minto Apartment REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.497/14.70
=3.38 %

Current Share Price is C$14.70.
Minto Apartment REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.497.

Minto Apartment REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.504/14.70
=3.43 %

Current Share Price is C$14.70.
Minto Apartment REIT's Dividends per Share for the forward twelve months is calculated as C$0.042 * 12 = C$0.504.

* 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.


Minto Apartment REIT  (TSX:MI.UN) 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.


Minto Apartment REIT Dividend Yield % Related Terms

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Minto Apartment REIT (TSX:MI.UN) Business Description

Traded in Other Exchanges
Address
200 - 180 Kent Street, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in 32 multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

Minto Apartment REIT (TSX:MI.UN) Headlines

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