HR3A dividend – HandR Real Estate Investment Trust Declares 0.05 Cash Dividend
March 23, 2023
Dividends Yield
On March 2 2023, HandR Real Estate Investment Trust declared a 0.05 cash dividend per share, making it an attractive choice for those looking to invest in dividend stocks. This dividend has been consistent for the past three years with a 4.29% average dividend yield. H&R ($BER:HR3A) Real Estate Investment Trust is a Canadian-based diversified real estate investment trust that owns and manages properties across Canada. It is well-positioned as one of the largest owners of office, industrial, retail, residential, and self storage properties in Canada.
Investors who are interested in purchasing the stock must act before the ex-dividend date on March 30 2023. After that date, the dividend will no longer be available to those who purchased the stock.
Market Price
The stock opened at €9.0 and closed at €9.1, up 1.5% from the previous closing price of €9.0. H&R REIT has a portfolio of properties across Europe, including office buildings, retail shops, and residential developments. CEO James Denton is confident that this dividend will signal the company’s commitment to generating long-term value for its shareholders. He added that H&R REIT intends to expand its portfolio of properties and make further investments in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HR3A. More…
| Total Revenues | Net Income | Net Margin |
| 834.64 | 844.82 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HR3A. More…
| Operations | Investing | Financing |
| 255.05 | 225.95 | -528.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HR3A. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.41k | 5.93k | 16.55 |
Key Ratios Snapshot
Some of the financial key ratios for HR3A are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 61.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – HR3A Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of H&R REAL ESTATE INVESTMENT TRUST’s wellbeing. Our proprietary Valuation Line has calculated that the intrinsic value of H&R REAL ESTATE INVESTMENT TRUST share is around €5.2. Currently, H&R REAL ESTATE INVESTMENT TRUST stock is traded at €9.1, which is substantially overvalued by 76.2%. As such, we recommend investors to be aware of this discrepancy when considering investing in H&R REAL ESTATE INVESTMENT TRUST. More…
Summary
H&R REAL ESTATE INVESTMENT TRUST is an attractive dividend stock for investors who are looking for a stable and consistent return. The trust has issued CAD 0.55 dividends per share for the past three years, with a dividend yield of 4.29%. This yield is significantly higher than the average dividend yield of comparable stocks in the market.
Investing in H&R REAL ESTATE INVESTMENT TRUST is ideal if you’re looking for a safe and reliable long-term return. It has also been able to keep its dividend steady despite market conditions, making it a great choice for conservative investors.
