City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).
City Office REIT Dividend Announcement
• City Office REIT announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-10
• City Office REIT annual dividend for 2024 was $0.40
• City Office REIT annual dividend for 2023 was $0.60
• City Office REIT's trailing twelve-month (TTM) dividend yield is 9.77%
• City Office REIT's payout ratio for the trailing twelve months (TTM) is -203.85%
• City Office REIT's dividend growth over the last five years (2018-2023) was -8.59% year
City Office REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.10 | quarterly | 2024-10-24 |
2024-07-10 | $0.10 | quarterly | 2024-07-24 |
2024-04-09 | $0.10 | quarterly | 2024-04-24 |
2024-01-09 | $0.10 | quarterly | 2024-01-24 |
2023-10-06 | $0.10 | quarterly | 2023-10-24 |
2023-07-06 | $0.10 | quarterly | 2023-07-21 |
2023-04-10 | $0.20 | quarterly | 2023-04-25 |
2023-01-09 | $0.20 | quarterly | 2023-01-24 |
2022-10-06 | $0.20 | quarterly | 2022-10-21 |
2022-07-07 | $0.20 | quarterly | 2022-07-22 |
2022-04-07 | $0.20 | quarterly | 2022-04-22 |
2022-01-10 | $0.20 | quarterly | 2022-01-25 |
2021-10-07 | $0.15 | quarterly | 2021-10-22 |
2021-07-08 | $0.15 | quarterly | 2021-07-23 |
2021-04-08 | $0.15 | quarterly | 2021-04-23 |
2021-01-08 | $0.15 | quarterly | 2021-01-25 |
2020-10-07 | $0.15 | quarterly | 2020-10-22 |
2020-07-09 | $0.15 | quarterly | 2020-07-24 |
2020-04-08 | $0.15 | quarterly | 2020-04-24 |
2020-01-09 | $0.23 | quarterly | 2020-01-24 |
2019-10-10 | $0.23 | quarterly | 2019-10-25 |
2019-07-10 | $0.23 | quarterly | 2019-07-25 |
2019-04-10 | $0.23 | quarterly | 2019-04-25 |
2019-01-10 | $0.23 | quarterly | 2019-01-25 |
2018-10-10 | $0.23 | quarterly | 2018-10-25 |
2018-07-10 | $0.23 | quarterly | 2018-07-25 |
2018-04-10 | $0.23 | quarterly | 2018-04-25 |
2018-01-10 | $0.23 | quarterly | 2018-01-25 |
2017-10-10 | $0.23 | quarterly | 2017-10-25 |
2017-07-07 | $0.23 | quarterly | 2017-07-25 |
2017-04-07 | $0.23 | quarterly | 2017-04-25 |
2017-01-11 | $0.23 | quarterly | 2017-01-25 |
2016-10-06 | $0.23 | quarterly | 2016-10-25 |
2016-07-05 | $0.23 | quarterly | 2016-07-21 |
2016-04-01 | $0.23 | quarterly | 2016-04-19 |
2016-01-04 | $0.23 | quarterly | 2016-01-20 |
2015-10-01 | $0.23 | quarterly | 2015-10-19 |
2015-06-30 | $0.23 | quarterly | 2015-07-17 |
2015-03-31 | $0.23 | quarterly | 2015-04-17 |
2014-12-31 | $0.23 | quarterly | 2015-01-16 |
2014-10-01 | $0.23 | quarterly | 2014-10-17 |
2014-07-01 | $0.18 | quarterly | 2014-07-17 |
City Office REIT Dividend per year
City Office REIT Dividend growth
City Office REIT Dividend Yield
City Office REIT current trailing twelve-month (TTM) dividend yield is 9.77%. Interested in purchasing City Office REIT stock? Use our calculator to estimate your expected dividend yield:
City Office REIT Financial Ratios
City Office REIT Dividend FAQ
Other factors to consider when evaluating City Office REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: City Office REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, City Office REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, City Office REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from City Office REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: City Office REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, City Office REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: City Office REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of City Office REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review City Office REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.