Nova Net Lease REIT (XCNQ:NNL.U) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Nova Net Lease REIT Dividend Payout Ratio?

Nova Net Lease REIT's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

XCNQ:NNL.U' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.18 Max: 0.18
Current: 0.18

During the past 3 years, the highest Dividend Payout Ratio of Nova Net Lease REIT was 0.18. The lowest was 0.17. And the median was 0.18.

XCNQ:NNL.U's Dividend Payout Ratio is ranked better than
96.81% of 565 companies
in the REITs industry
Industry Median: 1.01 vs XCNQ:NNL.U: 0.18

As of today (2024-05-31), the Dividend Yield % of Nova Net Lease REIT is 5.00%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Nova Net Lease REIT was 56.00%. The lowest was 2.20%. And the median was 19.17%.

Nova Net Lease REIT's Dividends per Share for the months ended in Dec. 2023 was $0.00.

During the past 12 months, Nova Net Lease REIT's average Dividends Per Share Growth Rate was -59.30% per year.

The growth rate is calculated with least square regression.

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

Nova Net Lease REIT Dividend Payout Ratio Historical Data

The historical data trend for Nova Net Lease 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.

Nova Net Lease REIT Dividend Payout Ratio Chart

Nova Net Lease REIT Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.18

0.17

Nova Net Lease REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial					0.01	3.50	-	0.01	-

Competitive Comparison of Nova Net Lease REIT's Dividend Payout Ratio

For the REIT - Specialty subindustry, Nova Net Lease 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.

Nova Net Lease REIT's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Nova Net Lease REIT's Dividend Payout Ratio falls into.

Nova Net Lease REIT Dividend Payout Ratio Calculation

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

Nova Net Lease 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 )
	=	0.011	/	0.064
	=	0.17

Nova Net Lease REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	-0.044
	=	N/A

Nova Net Lease REIT (XCNQ:NNL.U) 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.

Nova Net Lease REIT Dividend Payout Ratio Related Terms

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

Nova Net Lease REIT (XCNQ:NNL.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (XCNQ:NNL.U) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NNLRF:USA

Address

200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2

Website

https://www.novanetleasereit.com

Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.

Nova Net Lease REIT (XCNQ:NNL.U) Headlines

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