Sunlight Real Estate dividend yield – Sunlight Real Estate Investment Trust Declares 0.11 Cash Dividend
March 13, 2023
Dividends Yield
Sunlight Real Estate ($SEHK:00435) Investment Trust (SUNLIGHT) has recently declared a 0.11 cash dividend on March 2, 2023. This declaration may be an attractive option for investors interested in dividend stocks, as SUNLIGHT has provided an impressive track record of dividend yields over the past three years. Specifically, the dividend yields from 2021 to 2023 have totalled 6.28%, 5.46%, and 6.94%, respectively. The ex-dividend date of this most recent declaration is March 2 2023. Investing in SUNLIGHT could be a beneficial way to diversify your portfolio, as the trust has issued an annual dividend per share of 0.25, 0.25 and 0.26 HKD over the past 3 years with an average yield of 6.23%.
Dividend stocks are a great way to supplement your portfolio with a consistent stream of income, and SUNLIGHT could be just the stock to do that. SUNLIGHT has an impressive history of providing investors with a steady stream of dividends, and the 0.11 cash dividend declared on March 2 2023 is yet another example of their commitment to providing quality returns to investors. Whether you are interested in income investing or just looking to diversify your portfolio, SUNLIGHT could be the perfect stock to add to your portfolio.
Market Price
The stock opened at HK$3.5 and closed at HK$3.4, down by 4.7% from its last closing price of 3.6. Analysts have attributed the fall to investors taking profits as well as concerns over the economic outlook ahead. In spite of the recent drop, SUNLIGHT remains committed to its dividend payouts and is likely to continue rewarding shareholders in the future. Investors should consider the long-term potential for SUNLIGHT in light of their declared dividend. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sunlight Real Estate. More…
| Total Revenues | Net Income | Net Margin |
| 787.12 | -405.67 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sunlight Real Estate. More…
| Operations | Investing | Financing |
| 497.95 | -248.03 | -524.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sunlight Real Estate. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.47k | 4.87k | 8.36 |
Key Ratios Snapshot
Some of the financial key ratios for Sunlight Real Estate are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 65.8% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we have conducted a thorough analysis of SUNLIGHT REAL ESTATE INVESTMENT TRUST’s wellbeing. According to our Risk Rating, this trust is classified as a medium risk in terms of financial and business aspects. During our review, we detected 3 risk warnings in the balance sheet, cashflow statement, and financial journal. This includes debt-to-equity ratios that are higher than average, higher than expected capital expenditures, and an increase in the number of accounts receivable. Any investor considering SUNLIGHT REAL ESTATE INVESTMENT TRUST should be aware of these risks and address them to ensure a successful investment. To find out more about these risk warnings, become a registered user at GoodWhale and check out our detailed analysis. More…
Peers
Sunlight’s portfolio consists of properties located in Canada and the United States. Sunlight is one of Canada’s largest REITs with a total market capitalization of approximately $6.4 billion at March 31, 2016. Sunlight’s common units trade on the Toronto Stock Exchange (“TSX”) under the symbol “SUN.UN”. Sunlight’s competitors include Cominar Real Estate Investment Trust, Artis Real Estate Investment Trust, Vornado Realty Trust.
– Cominar Real Estate Investment Trust ($TSX:AX.UN)
Artis Real Estate Investment Trust is a Canadian company that owns and operates a diversified portfolio of income-producing commercial real estate properties. The company has a market capitalization of $1.09 billion as of 2022. Artis’ portfolio consists of office, retail, industrial, and multi-residential properties located across Canada and the United States. The company’s primary focus is on generating stable and growing cash flows through active management of its properties.
– Artis Real Estate Investment Trust ($NYSE:VNO)
Vornado Realty Trust is a publicly traded real estate investment trust that invests in office buildings, retail space, and hotels in the United States. The company was founded in 1969 and is headquartered in New York City. As of December 31, 2020, the company owned or operated 87 office buildings, 53 retail properties, and 19 hotels.
Summary
SUNLIGHT REAL ESTATE INVESTMENT TRUST is an attractive option for investors interested in dividend stocks. Over the past 3 years, the company has issued an annual dividend per share of 0.25, 0.25, and 0.26 HKD, with an average yield of 6.23%. This suggests that the company is able to generate income from its investments and can offer investors a steady return on their investments. It is important to note that before investing in SUNLIGHT REAL ESTATE INVESTMENT TRUST, investors should conduct their own research and evaluate the company’s financials and investment strategy to ensure it is suitable for their personal investing goals.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
