GMRE dividend yield calculator – Global Medical REIT Pays Out $0.21 Dividend to Shareholders
June 17, 2023
🌥️Trending News
Global ($NYSE:GMRE) Medical REIT (GMRE) recently announced that it would be paying out a dividend of $0.21 per share to its shareholders. GMRE is a publicly traded real estate investment trust (REIT) that specializes in owning and operating medical office buildings and other healthcare-related facilities. As such, GMRE has been able to generate stable rental income due to the long-term nature of its leases. The dividends have been largely funded by the company’s cash flows, which were bolstered by the strong performance of its medical office buildings and healthcare-related properties.
GMRE has also been able to benefit from the strong demand for medical office buildings, as healthcare providers have continued to invest in modernizing their facilities. With this dividend, GMRE continues to demonstrate its commitment to rewarding its shareholders with regular distributions.
Dividends – GMRE dividend yield calculator
This marks the third consecutive year that GLOBAL MEDICAL REIT has issued an annual dividend, the previous year’s dividends being 0.84 and 0.84 USD respectively. If you are a dividend investor, you may be interested to know that the estimated dividend yields from 2021 to 2023 are 8.02%, 6.95%, 5.27% respectively, with an average dividend yield of 6.75%. Investing in dividend stocks such as GLOBAL MEDICAL REIT can provide investors with a reliable income stream, while also allowing them to benefit from any potential growth in the company’s stock price. Therefore, if you are looking for a steady and reliable source of income, GLOBAL MEDICAL REIT may be worth considering.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for GMRE. More…
| Total Revenues | Net Income | Net Margin |
| 141.64 | 11.33 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for GMRE. More…
| Operations | Investing | Financing |
| 75.88 | -107.56 | 37.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for GMRE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.37k | 740.56 | 8.21 |
Key Ratios Snapshot
Some of the financial key ratios for GMRE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 28.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Price History
On Friday, the stock opened at $9.3 and closed at $9.2, down from the prior closing price of $9.2. This minor decrease did not prevent the company from awarding this generous dividend to its investors. Despite volatility in the market, the company has been able to provide stability for shareholders and investors. The dividend payout further solidifies the trust and confidence that investors have in the company’s future prospects. Live Quote…
Analysis – GMRE Intrinsic Value Calculator
At GoodWhale, we have conducted a detailed analysis of the fundamentals of GLOBAL MEDICAL REIT. Based on our proprietary Valuation Line, we have arrived at an intrinsic value of around $9.5 for each share of the company. Currently, GLOBAL MEDICAL REIT stock is trading at $9.2; this is a fair price that is undervalued by 3.5%. Therefore, it presents an attractive opportunity for investors looking to purchase the stock. More…
Peers
The Company’s competitors in the healthcare REIT space include Physicians Realty Trust (NYSE: DOC), Healthcare Realty Trust Inc. (NYSE: HR), and Healthcare Trust of America Inc. (NYSE: HTA).
– Physicians Realty Trust ($NYSE:DOC)
Physicians Realty Trust is a healthcare real estate investment trust that owns and operates medical office buildings across the United States. As of December 31, 2020, Physicians Realty Trust owned 260 properties, consisting of approximately 16.6 million square feet of gross leasable area. The company’s portfolio is diversified across 27 states and includes both urban and rural assets.
– Healthcare Realty Trust Inc ($NYSE:HR)
The company’s market cap is 7.19B as of 2022. The company operates in the healthcare real estate industry. Healthcare Realty Trust Inc is a real estate investment trust that focuses on owning, managing, and developing healthcare properties. The company’s portfolio includes hospitals, medical office buildings, outpatient facilities, and other healthcare-related properties.
Summary
Global Medical REIT is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of medical office buildings and other healthcare related facilities. The company recently declared a dividend of $0.21 per share, which is a positive signal to investors. The trust has a diversified portfolio of medical real estate assets, which provides stability and growth potential for investors. The properties are located in key markets across the United States and offer strong tenant relationships. The trust also has the potential to generate above-average returns through its strategic acquisitions and value-add initiatives.
In addition, the company’s strong balance sheet and conservative capital structure provide financial flexibility for future growth. Overall, Global Medical REIT provides investors with an attractive opportunity for income generation and capital appreciation.
