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Primaris REIT (TSX:PMZ.UN) Dividends per Share : C$0.83 (TTM As of Mar. 2024)


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What is Primaris REIT Dividends per Share?

Primaris REIT's dividends per share for the three months ended in Mar. 2024 was C$0.21. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.83. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.56. As of today, Primaris REIT's Dividend Yield % is 6.21%.

Good Sign:

Primaris REIT stock dividend yield is close to 3-year high.

During the past 12 months, Primaris REIT's average Dividends Per Share Growth Rate was 2.50% 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.

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


Primaris REIT Dividends per Share Historical Data

The historical data trend for Primaris REIT's Dividends per Share 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.

Primaris REIT Dividends per Share Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.80 0.82

Primaris REIT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share 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 0.21 0.21 0.21 0.21 0.21

Competitive Comparison of Primaris REIT's Dividends per Share

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's Dividend Yield % Distribution in the 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.



Primaris REIT Dividends per Share Calculation

Dividends paid to per common share.


Primaris REIT  (TSX:PMZ.UN) Dividends per Share Explanation

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

Primaris REIT'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 )
=0.21/ 0.377
=0.56

During the past 13 years, the highest Dividend Payout Ratio of Primaris REIT was 0.62. The lowest was 0.51. And the median was 0.56.

2. 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 0.0700002024-05-312024-05-312024-06-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0700002024-04-292024-04-302024-05-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0700002024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0700002024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0700002024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0700002023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0683002023-06-292023-06-302023-07-17Cash 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.


Primaris REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8298/13.36
=6.21 %

Current Share Price is C$13.36.
Primaris REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.8298.

During the past 13 years, the highest Dividend Yield of Primaris REIT was 6.61%. The lowest was 1.31%. And the median was 5.92%.

Good Sign:

Primaris REIT stock dividend yield is close to 3-year high.

* 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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Primaris REIT's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Primaris REIT (TSX:PMZ.UN) Business Description

Traded in Other Exchanges
Address
26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2
Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (TSX:PMZ.UN) Headlines

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