Do These 3 Checks Before Buying Great Portland Estates Plc For Its Upcoming Dividend Simply Wall St Reblog It looks like Great Portland Estates Plc is about to go ex-dividend in the next 3 days. Ex-dividend means that investors that purchase the stock on or after the 21st of November will not receive this dividend, which will be paid on the 2nd of January. Great Portland Estates’s upcoming dividend is UK£0.047 a share, following on from the last 12 months, when the company distributed a total of UK£0.12 per share to shareholders. Calculating the last year’s worth of payments shows that Great Portland Estates has a trailing yield of 1.6% on the current share price of £7.826.
If you buy this business for its dividend, you should have an idea of whether Great Portland Estates’s dividend is reliable and sustainable. That’s why we should always check whether the dividend payments appear sustainable, and if the company is growing. Check out our latest analysis for Great Portland Estates Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Great Portland Estates is paying out an acceptable 72% of its profit, a common payout level among most companies.
That said, REITs are often required by law to distribute all of their earnings, and it’s not unusual to see a REIT with a payout ratio around 100%. We wouldn’t read too much into this.
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