Minto Apartment REIT (Minto Apartment REIT) Dividend Payout Ratio : 0.25 (As of Mar. 2024)

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What is Minto Apartment REIT Dividend Payout Ratio?

Minto Apartment REIT's dividend payout ratio for the months ended in Mar. 2024 was 0.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Minto Apartment REIT is 1.83, which seems too high.

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

MIAPF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.77
Current: 0.65

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.

MIAPF's Dividend Payout Ratio is ranked worse than
79.4% of 563 companies
in the REITs industry
Industry Median: 1.01 vs MIAPF: 0.65

As of today (2024-06-07), the Dividend Yield % of Minto Apartment REIT is 2.06%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Minto Apartment REIT was 3.74%. The lowest was 0.53%. And the median was 2.28%.

Minto Apartment REIT's Dividends per Share for the months ended in Mar. 2024 was $0.09.

During the past 12 months, Minto Apartment REIT's average Dividends Per Share Growth Rate was 2.90% 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 Payout Ratio Historical Data

The historical data trend for Minto Apartment REIT's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Minto Apartment REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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Minto Apartment REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.25

Competitive Comparison of Minto Apartment REIT's Dividend Payout Ratio

For the REIT - Residential subindustry, Minto Apartment REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the REITs Industry

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

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

Minto Apartment REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Minto Apartment REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.031	/	-0.207
	=	N/A

Minto Apartment 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 )
	=	0.093	/	0.377
	=	0.25

Minto Apartment REIT (OTCPK:MIAPF) Dividend Payout Ratio Explanation

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.

Minto Apartment REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Minto Apartment REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Minto Apartment REIT (Minto Apartment REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Minto Apartment REIT (OTCPK:MIAPF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MI.UN:Canada

Address

200 - 180 Kent Street, Ottawa, ON, CAN, K1P 0B6

Website

https://www.mintoapartmentreit.com

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.