Arena Reit stock dividend – Arena REIT Declares 0.042 Cash Dividend
March 19, 2023
Dividends Yield
On March 16 2023, Arena ($ASX:ARF) REIT declared a 0.042 cash dividend, making it an attractive option for those seeking dividend stocks. Over the last three years, Arena REIT has distributed an annual dividend per share of 0.16 AUD, 0.16 AUD, and 0.15 AUD, equating to dividend yields of 3.94%, 3.62%, and 4.88% over 2021-2023, with an average dividend yield of 4.15%. This makes Arena REIT an attractive option for dividend investors looking for a reliable source of income. The ex-dividend date is March 30 2023, meaning investors must own the stock before that date to receive the dividend.
Market Price
The stock opened at AU$3.8 and closed at AU$3.7, down 0.5% from the prior closing price of AU$3.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Arena Reit. More…
| Total Revenues | Net Income | Net Margin |
| 90.81 | 196.12 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Arena Reit. More…
| Operations | Investing | Financing |
| 59.65 | -99.95 | 30.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Arena Reit. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 383.86 | 2.96 |
Key Ratios Snapshot
Some of the financial key ratios for Arena Reit are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 91.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Arena Reit Stock Fair Value
At GoodWhale, we have undertaken an analysis of ARENA REIT‘s fundamentals. Our proprietary Valuation Line has allowed us to calculate the intrinsic value of ARENA REIT’s share at AU$3.7. This price is right in line with the current price of AU$3.7, which suggests that it is trading at a fair price. We believe that a long-term investor who buys-and-holds ARENA REIT shares will be rewarded given its current pricing. More…
Peers
The competition between Arena REIT and its competitors Healthpeak Properties Inc, Charter Hall Long WALE REIT, and Omega Healthcare Investors Inc is fierce. These four companies are all vying for market share in the real estate investment trust (REIT) space and are competing for the same clients and investments. Each company has its own unique strategies and advantages, and the competition between them is intense.
– Healthpeak Properties Inc ($NYSE:PEAK)
Healthpeak Properties Inc is a real estate investment trust (REIT) based in Irvine, California. As of 2022, the company has a market capitalization of 13.7 billion dollars. Healthpeak Properties Inc focuses on owning, operating and investing in healthcare properties, such as medical office buildings, outpatient and ambulatory care centers, seniors housing and life science facilities. The company has a diversified portfolio of hospitals, medical centers, and other healthcare related properties located across the United States. Healthpeak Properties Inc strives to provide long-term value to its shareholders through the acquisition of high-quality healthcare real estate and by actively managing its portfolio.
– Charter Hall Long WALE REIT ($ASX:CLW)
Charter Hall Long WALE REIT is an Australian real estate investment trust (REIT) with a market cap of 9.8B as of 2022. The company owns, develops and manages high-quality office, industrial, retail and residential properties across Australia. It also has a portfolio of unlisted wholesale funds that focus on long-term investments in core assets, core-plus assets, value-add assets and development opportunities. It is one of the largest A-REITs in Australia with a portfolio of more than $20 billion in assets. The REIT’s primary objective is to deliver sustainable, growing income returns with capital growth over the long term.
– Omega Healthcare Investors Inc ($NYSE:OHI)
Omega Healthcare Investors Inc is an equity real estate investment trust (REIT) that specializes in financing long-term healthcare facilities. As of 2022, the company has a market cap of 6.89B, making it one of the largest REITs in the healthcare industry. Omega’s portfolio is composed of investments in over 1,400 skilled nursing facilities, senior housing facilities, and other medical related properties located across the United States and the United Kingdom. The company’s primary sources of revenue are generated through rental income from these investments. Omega also provides specialty services to its tenants, such as capital improvements and tenant management.
Summary
ARENA REIT is a solid dividend stock choice for investors. Over the last three years, it has distributed an average dividend yield of 4.15%, with a dividend per share of 0.16 AUD, 0.16 AUD and 0.15 AUD in 2021-2023 respectively. This is an attractive return for investors looking to add dividend stocks to their portfolio.
