GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cofinimmo SA/NV (XBRU:COFB) » Definitions » 3-Year Dividend Growth Rate

Cofinimmo/NV (XBRU:COFB) 3-Year Dividend Growth Rate : 3.50% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Cofinimmo/NV 3-Year Dividend Growth Rate?

Cofinimmo/NV's Dividends per Share for the three months ended in Mar. 2024 was €0.00.

The historical rank and industry rank for Cofinimmo/NV's 3-Year Dividend Growth Rate or its related term are showing as below:

XBRU:COFB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.8   Med: 0.7   Max: 29.5
Current: 3.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cofinimmo/NV was 29.50% per year. The lowest was -17.80% per year. And the median was 0.70% per year.

XBRU:COFB's 3-Year Dividend Growth Rate is ranked better than
57.14% of 504 companies
in the REITs industry
Industry Median: 2.25 vs XBRU:COFB: 3.50

During the past 12 months, Cofinimmo/NV's average Dividends Per Share Growth Rate was 3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cofinimmo/NV's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Cofinimmo/NV's Dividend Yield % is 9.78%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cofinimmo SA/NV is 1.50, which seems too high.

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


Competitive Comparison of Cofinimmo/NV's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Cofinimmo/NV's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Cofinimmo/NV's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cofinimmo/NV's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cofinimmo/NV's 3-Year Dividend Growth Rate falls into.



Cofinimmo/NV 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cofinimmo/NV  (XBRU:COFB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cofinimmo/NV's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.307
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Cofinimmo/NV was 1.85. The lowest was 0.41. And the median was 0.85.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cofinimmo SA/NV is 1.50, which seems too high.

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

Cofinimmo/NV Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 6.2000002023-05-152023-05-162023-06-05Cash DividendannuallyEUR:EUR 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.

Cofinimmo/NV's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.2/65.00
=9.54 %

Current Share Price is €65.00.
Cofinimmo/NV's Dividends per Share for the trailing twelve months (TTM) ended in Today is €6.2.

During the past 13 years, the highest Dividend Yield of Cofinimmo/NV was 11.15%. The lowest was 1.74%. And the median was 5.29%.

* 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.


Cofinimmo/NV 3-Year Dividend Growth Rate Related Terms>


Cofinimmo/NV (XBRU:COFB) Business Description

Industry
Traded in Other Exchanges
Address
58 Boulevard de la Woluwedal, Brussels, BEL, 1200
Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.

Cofinimmo/NV (XBRU:COFB) Headlines

No Headlines