Marwest Apartment Real Estate Investment Fund Dividend Announcement and AnalysisMarwest Apartment Real Estate Investment Fund Dividend Announcement and Analysis Dividend Payment: – Marwest Apartment Real Estate Investment Fund (CVE: MAR.UN) will pay a dividend of CA$0.0013 per share on August 15. Dividend Yield: – Based on this payment, the dividend yield for the company will be 1.9%, which is typical for the sector. Earnings Coverage: – Prior to the announcement, the dividend was well-covered by both cash flow and earnings. – Earnings are projected to grow by 28.7% in the next 12 months, resulting in a dividend payout ratio of 1.8%, which is within a comfortable range for dividend sustainability. Dividend Growth History: – The dividend has not been significantly cut in the past. – However, the company has only been paying dividends for 3 years, so the growth history is not substantial. – The annual payment has increased from CA$0.015 in 2021 to CA$0.0156 in 2022, representing an annual growth rate of approximately 1.3%. Dividend Forecast: – The company’s earnings growth is a positive indicator for future dividend increases. – The low payout ratio provides flexibility for dividend growth, and rising earnings make it easier to increase dividends. Overall Assessment: – Marwest Apartment Real Estate Investment Fund’s dividend is expected to increase due to growing earnings. – The dividend is well-covered by earnings, indicating sustainability. – Combined with the company’s positive earnings outlook, it has solid potential as a dividend stock. Disclaimer: – This analysis is based on historical data and analyst forecasts. – It is not intended as financial advice and does not take into account individual financial situations. – Investors should consult with a financial advisor before making any investment decisions.
Marwest Apartment Real Estate Investment Fund (CVE:MAR.UN) announced that it will pay a dividend of CA$0.0013 per share on August 15. Based on this payment, the dividend yield for the company will be 1.9%, which is fairly typical for the sector.
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Marwest Apartment Real Estate Investment Trust’s payment has solid earnings coverage
Unless the payments are sustainable, the dividend yield doesn’t mean much. However, prior to this announcement, Marwest Apartment Real Estate Investment Trust’s dividend was more than covered by both cash flow and earnings. This means that most of the earnings are retained to grow the business.
If the trend of the last few years continues, EPS will grow by 28.7% over the next 12 months. If the dividend continues recent trends, we estimate the payout ratio to be 1.8%, which is within the range that makes us comfortable with the sustainability of the dividend.
TSXV:MAR.UN Historical Dividend July 23, 2024
Marwest Apartment Real Estate Investment Trust continues to build its track record
The dividend hasn’t been cut significantly in the past, but the company has only been paying dividends for 3 years, which isn’t that long in the grand scheme of things. As of 2021, the annual payment was CA$0.015, compared to the most recent full-year payment of CA$0.0156. This means the company has grown its distributions at an annual rate of about 1.3% over that time. Marwest Apartment Real Estate Investment Trust hasn’t been paying dividends for very long, so we wouldn’t get too excited about its growth history just yet.
The dividend is expected to increase
The company’s investors will be happy to know that they’ve been receiving dividend income for a while now. Earnings have grown by 29% over the past year. Rising earnings make it easier for the company to continue paying dividends and possibly even increase them. A low payout ratio gives the company a lot of flexibility, and rising earnings also make it very easy to grow the dividend. However, we do note that one year is too short a time to draw strong conclusions about a company’s future prospects.
We are very pleased with the dividend of Marwest Apartment Real Estate Investment Trust
In summary, it is always positive to see the dividend increase and we are particularly pleased with its overall sustainability. Earnings easily cover distributions and the company is generating a lot of cash. Taking all these factors into account, we think this has solid potential as a dividend stock.
Investors generally tend to favor companies with a consistent, stable dividend policy over those that have an irregular dividend policy. Despite the importance of dividend payments, they are not the only factors our readers should know when evaluating a company. For example, we have identified 4 Warning Signs for Marwest Apartment Real Estate Investment Trust (1 is a bit unpleasant!) that you should be aware of before investing. Is Marwest Apartment Real Estate Investment Trust not quite the opportunity you were looking for? Then take a look at our selection of the best dividend stocks.
Valuation is complex, but we make it simple.
Find out whether Marwest Apartment Real Estate Investment Trust may be over or undervalued by examining our comprehensive analysis, which includes: fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article from Simply Wall St is general in nature. We comment solely on historical data and analyst forecasts, using an objective methodology. Our articles are not intended as financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or financial situation. We aim to provide you with a long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in the shares mentioned.
Valuation is complex, but we make it simple.
Find out whether Marwest Apartment Real Estate Investment Trust may be over or undervalued by examining our comprehensive analysis, which includes: fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the free analysis
Do you have feedback on this article? Are you concerned about the content? Please contact us directly. You can also send an email to [email protected]
