INO.UN dividend calculator – Inovalis Real Estate Investment Trust Declares Cash Dividend of 0.034375.
March 28, 2023
Dividends Yield
On March 12 2023, Inovalis Real Estate ($TSX:INO.UN) Investment Trust announced a cash dividend of 0.034375 for the upcoming quarter. This dividend is the fourth one of this year, bringing the total dividend paid to shareholders in the last three years to 0.79 CAD in 2021, 0.82 CAD in 2022 and 0.82 CAD in 2021 respectively. It has also shown an average dividend yield of 9.42%, with a dividend yield of 9.05%, 8.76% and 10.45% from 2021 to 2022. INOVALIS REAL ESTATE INVESTMENT TRUST is a great option for investors looking for high-yield dividend stocks.
The ex-dividend date for this dividend is March 30 2023, so interested investors should purchase the stock before then to ensure they are eligible to receive the dividend payment. The trust is also a great long-term investment option, with analysts expecting solid growth going forward.
Market Price
Following the announcement, the stock opened at CA$3.7 and closed at CA$3.8, signifying an increase of 1.1% from the previous closing price of CA$3.7. As such, investors who have held their shares since that date will be eligible to receive the dividend payment. INOVALIS’s board of trustees will review the dividend policy on a quarterly basis and make announcements in accordance with that review.
In addition to its dividend policy, INOVALIS has also provided shareholders with comfort through its steady performance over the past year. INOVALIS is well positioned for future growth and continues to make sound investments in real estate to ensure that shareholders benefit from its success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for INO.UN. More…
| Total Revenues | Net Income | Net Margin |
| 30.07 | -11.04 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for INO.UN. More…
| Operations | Investing | Financing |
| 5.64 | 6.78 | -32.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for INO.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 581.15 | 267.07 | 9.54 |
Key Ratios Snapshot
Some of the financial key ratios for INO.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 35.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
GoodWhale has completed an analysis of INOVALIS REAL ESTATE INVESTMENT TRUST’s fundamentals and based on the Star Chart has determined that the company is classified as a ‘cow’, meaning that it has a track record of paying out consistent and sustainable dividends. This type of company may be of interest to dividend investors, as well as those who are looking for a more steady return on their investment over the long term. INOVALIS REAL ESTATE INVESTMENT TRUST’s strengths are in cashflows and debt, while it is only medium in asset and weak in dividend, growth, and profitability. Despite its weaknesses, however, its high health score of 7/10 indicates that the company is capable of paying off debt and funding future operations. More…
Peers
The company owns and operates office buildings in Canada and France. Inovalis Real Estate Investment Trust’s competitors include Cousins Properties Inc, Corporate Office Properties Trust, Allied Properties Real Estate Investment Trust, and others.
– Cousins Properties Inc ($NYSE:CUZ)
Cousins Properties Inc is a publicly traded real estate investment trust. The company is engaged in the development, acquisition, management and ownership of office, retail and mixed-use properties. As of December 31, 2020, the company owned and operated 54 properties totaling 16.4 million square feet.
– Corporate Office Properties Trust ($NYSE:OFC)
Corporate Office Properties Trust is a publicly traded real estate investment trust that specializes in the ownership, operation, and development of office properties. The company’s portfolio consists of more than 200 office properties, totaling over 26 million square feet of space. Corporate Office Properties Trust is headquartered in Maryland.
– Allied Properties Real Estate Investment Trust ($TSX:AP.UN)
Allied Properties Real Estate Investment Trust is a Canada-based real estate investment trust, which owns, manages and develops urban properties, primarily in the Greater Toronto Area, Montreal, Calgary and Vancouver. The company has a market cap of 3.33B as of 2022.
Summary
Investing in INOVALIS REAL ESTATE INVESTMENT TRUST looks to be a lucrative opportunity. Over the past three years, the company has paid out dividends per share of 0.79, 0.82 and 0.82 CAD, with an average dividend yield of 9.42%. This is far higher than the average dividend yield of other investments, making it an attractive option for those looking to benefit from a reliable and consistent income stream.
Furthermore, the dividend yields from 2021 to 2022 were 9.05%, 8.76% and 10.45%, respectively, providing investors with an excellent return on their investments. With such strong dividends and yields, INOVALIS REAL ESTATE INVESTMENT TRUST is likely to continue to be a strong and safe investment.
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