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Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Dividend Yield % : 4.05% (As of Jun. 06, 2024)


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What is Killam Apartment Real Estate Investment Trust Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Killam Apartment Real Estate Investment Trust is 4.05%.

The historical rank and industry rank for Killam Apartment Real Estate Investment Trust's Dividend Yield % or its related term are showing as below:

TSX:KMP.UN' s Dividend Yield % Range Over the Past 10 Years
Min: 2.87   Med: 4.14   Max: 5.91
Current: 4.05

During the past 13 years, the highest Dividend Yield of Killam Apartment Real Estate Investment Trust was 5.91%. The lowest was 2.87%. And the median was 4.14%.

TSX:KMP.UN's Dividend Yield % is ranked worse than
81.99% of 844 companies
in the REITs industry
Industry Median: 6.94 vs TSX:KMP.UN: 4.05

Killam Apartment Real Estate Investment Trust's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.84.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Killam Apartment Real Estate Investment Trust is 0.78, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Killam Apartment Real Estate Investment Trust was 1.22. The lowest was 0.53. And the median was 0.88.

As of today (2024-06-06), the Forward Dividend Yield % of Killam Apartment Real Estate Investment Trust is 4.05%.

Killam Apartment Real Estate Investment Trust's Dividends per Share for the three months ended in Mar. 2024 was C$0.18.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Killam Apartment Real Estate Investment Trust was 6.20% per year. The lowest was -1.80% per year. And the median was 1.40% per year.

The growth rate is calculated with least square regression.

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

Killam Apartment Real Estate Investment Trust Dividend Yield % Historical Data

The historical data trend for Killam Apartment Real Estate Investment 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.

Killam Apartment Real Estate Investment Trust Dividend Yield % Chart

Killam Apartment Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.95 2.91 4.30 3.90

Killam Apartment Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial 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 4.08 3.96 4.02 3.90 3.77

Competitive Comparison of Killam Apartment Real Estate Investment Trust's Dividend Yield %

For the REIT - Residential subindustry, Killam Apartment Real Estate Investment 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.

Killam Apartment Real Estate Investment Trust's Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Killam Apartment Real Estate Investment Trust's Dividend Yield % falls into.


Killam Apartment Real Estate Investment Trust Dividend Yield % Calculation

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

Killam Apartment Real Estate Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0583302024-05-312024-05-312024-06-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302024-04-292024-04-302024-05-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0583302023-06-292023-06-302023-07-17Cash 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.

Killam Apartment Real Estate Investment Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.69996/17.74
=3.95 %

Current Share Price is C$17.74.
Killam Apartment Real Estate Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.69996.

Killam Apartment Real Estate Investment Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.69996/17.74
=3.95 %

Current Share Price is C$17.74.
Killam Apartment Real Estate Investment Trust's Dividends per Share for the forward twelve months is calculated as C$0.05833 * 12 = C$0.69996.

* 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.

Killam Apartment Real Estate Investment Trust  (TSX:KMP.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.

Killam Apartment Real Estate Investment Trust Dividend Yield % Related Terms

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

Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) » Definitions » Dividend Yield %
Comparable Companies
TSX:IIP.UN TSX:CSH.UN TSX:MHC.U TSX:MI.UN TSX:MRG.UN TSX:NRR.UN TSX:HOM.U TSX:BEI.UN TSX:ERE.UN TSX:DRR.U AVB EQR INVH ESS MAA SUI AMH UDR ELS CPT
Traded in Other Exchanges
KMMPF:USA
Address
3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Website
https://www.killamreit.com
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHCs) and commercial properties in Canada. It has three operating segments, Apartment segment, MHC segment, and Commercial segment. The apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment includes eight commercial properties.

Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Headlines

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