Mreit dividend yield calculator – MREIT Announces 0.2476 Cash Dividend
May 29, 2023
Dividends Yield
MREIT ($PSE:MREIT) Inc. has announced a 0.2476 Cash Dividend on May 25 2023. This dividend has come from a long line of similar annual dividend yields in the past three years, ranging from 0.98 PHP to 0.97 PHP per share. The corresponding dividend yields for the years 2021 to 2023 have been 6.61%, 5.99%, and 1.35%, with an average dividend yield of 4.65%. MREIT offers investors a relatively reliable dividend stock, with the ex-dividend date set to May 24 2023. The dividend yield is above the average rate for a dividend stock, making the investment more attractive for those seeking to invest for income.
Furthermore, MREIT is a relatively stable company with a long history in the market, providing investors with security and reliability. Overall, MREIT Inc. may provide a viable option for those looking to invest in high-yield stocks with reliable income sources. The announcement of this 0.2476 Cash Dividend marks a positive step forward for the company, and investors should take advantage of the opportunity while it lasts.
Stock Price
The announcement caused MREIT stock to open at PHP14.7 and close at PHP14.5, down by 1.6% from its prior closing price of 14.7. Despite the slight downturn in the stock price following the announcement, investors still responded positively to the news, expecting the dividend to provide them with a steady income stream. mreit&utm_title=MREIT_Announces_0.2476_Cash_Dividend”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mreit. More…
| Total Revenues | Net Income | Net Margin |
| 3.78k | -133.31 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mreit. More…
| Operations | Investing | Financing |
| 2.89k | 0.08 | -2.88k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mreit. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 64.03k | 9.25k | 19.59 |
Key Ratios Snapshot
Some of the financial key ratios for Mreit are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 78.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Mreit Stock Fair Value
As GoodWhale, we conducted an in-depth analysis of MREIT’s fundamentals and came to the conclusion that its intrinsic value was around PHP16.0. This was calculated using our proprietary Valuation Line. Currently, MREIT stocks are being traded for PHP14.5, which is a fair price that is undervalued by 9.2%. We recommend buying MREIT stocks at this price to benefit from the potential returns. mreit&utm_title=MREIT_Announces_0.2476_Cash_Dividend”>More…
Peers
MREIT Inc is facing fierce competition from other real estate investment trusts in the market, including Kilroy Realty Corp, Peakstone Realty Trust and OUE Commercial Real Estate Investment Trust. All of these companies are vying to gain the highest returns and are actively looking for new opportunities to acquire and develop quality properties in order to maximize profits. As a result, MREIT Inc must ensure that it is in a position to remain competitive in the market and be able to offer attractive investment products for its customers.
– Kilroy Realty Corp ($NYSE:KRC)
Kilroy Realty Corp is a publicly traded real estate investment trust (REIT) with a current market capitalization of 3.15 billion dollars as of 2023. The company owns, develops, and manages real estate assets primarily in the office and industrial sectors across the West Coast of the United States. Kilroy Realty Corp’s portfolio includes over 25 million square feet of commercial space and over 6,000 multifamily units. The company’s focus on strategic capital allocation and portfolio diversification has allowed it to maintain a strong balance sheet and consistent dividend payouts over the past several years.
– Peakstone Realty Trust ($SGX:TS0U)
OUE Commercial Real Estate Investment Trust (OUE C-REIT) is a Singapore-based real estate investment trust (REIT) that invests in a portfolio of quality income-producing office, retail, hospitality and/or other real estate-related assets. As of 2023, OUE C-REIT has a market capitalization of approximately $1.81 billion, making it one of the largest REITs in Singapore. The REIT also has a diversified portfolio of quality assets located in prime areas in Singapore, Australia, the United Kingdom, and the United States. OUE C-REIT also has a strong balance sheet with significant financial strength and liquidity to fund its future growth initiatives. The REIT’s focus is to generate returns for its unitholders through a combination of regular and sustainable distributions and capital appreciation.
Summary
Investing in MREIT could be a lucrative opportunity for investors looking for steady, low-risk income. For the past three years, MREIT has consistently released annual dividends per share ranging from 0.98 PHP to 0.97 PHP, providing an average dividend yield of 4.65%. This indicates a strong financial performance and a reliable dividend policy that can potentially provide investors with a steady stream of income.
The 2021 to 2023 dividend yields are 6.61%, 5.99%, and 1.35%, respectively, suggesting that there is a potential for healthy returns in the short term as well. With such steady dividend yields and low-risk investing opportunities, MREIT may be a suitable option for those seeking a reliable and consistent source of income.
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