HomeCo Daily Needs REIT is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail and Health & Services. HomeCo Daily Needs REIT aims to provide unitholders with consistent and growing distributions. HomeCo Daily Needs REIT(ASX:HDN) operates independently of Home Consortium Limited as of December 31, 2020.
HomeCo Daily Needs REIT Dividend Announcement
• HomeCo Daily Needs REIT announced a quarterly dividend of A$0.02 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-09-27 • HomeCo Daily Needs REIT annual dividend for 2024 was A$0.06 • HomeCo Daily Needs REIT annual dividend for 2023 was A$0.08 • HomeCo Daily Needs REIT's trailing twelve-month (TTM) dividend yield is 7.12% • HomeCo Daily Needs REIT's payout ratio for the trailing twelve months (TTM) is 9.54%
HomeCo Daily Needs REIT current trailing twelve-month (TTM) dividend yield is 7.12%. Interested in purchasing HomeCo Daily Needs REIT stock? Use our calculator to estimate your expected dividend yield:
HomeCo Daily Needs REIT Financial Ratios
P/E ratio1.13
PEG ratio0.01
P/B ratio0.82
ROE72.41%
Payout ratio9.54%
Current ratio0.27
Quick ratio0.27
Cash Ratio0.03
HomeCo Daily Needs REIT Dividend FAQ
How much is the next HomeCo Daily Needs REIT dividend?
HomeCo Daily Needs REIT's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next HomeCo Daily Needs REIT dividend. The next HomeCo Daily Needs REIT dividend will be released in March, June, September, or December.
When is HomeCo Daily Needs REIT dividend paid?
HomeCo Daily Needs REIT pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does HomeCo Daily Needs REIT pay?
The specific amount of HomeCo Daily Needs REIT dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find HomeCo Daily Needs REIT's dividend history.
Does HomeCo Daily Needs REIT stock pay dividends?
Yes, HomeCo Daily Needs REIT does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find HomeCo Daily Needs REIT's dividend history.
How much dividend does HomeCo Daily Needs REIT pay?
HomeCo Daily Needs REIT paid A$0.063 in 2024, A$0.083 in 2023, A$0.084 in 2022, A$0.083 in 2021, and A$0.0 in 2020.
How often does HomeCo Daily Needs REIT pay dividends?
HomeCo Daily Needs REIT typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is HomeCo Daily Needs REIT's dividend yield?
The current dividend yield for HomeCo Daily Needs REIT is 7.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate HomeCo Daily Needs REIT's exact dividend yield.
When does HomeCo Daily Needs REIT go ex dividend?
HomeCo Daily Needs REIT's ex-dividend date for the latest dividend was on 2024-09-27. HomeCo Daily Needs REIT typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next HomeCo Daily Needs REIT dividend paid?
HomeCo Daily Needs REIT pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will HomeCo Daily Needs REIT increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether HomeCo Daily Needs REIT will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is HomeCo Daily Needs REIT dividend per share?
HomeCo Daily Needs REIT paid A$0.063 per share in 2024 and A$0.083 per share in 2023. The amount of dividend per share that HomeCo Daily Needs REIT pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is HomeCo Daily Needs REIT a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is HomeCo Daily Needs REIT a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is HomeCo Daily Needs REIT a dividend stock?
Yes, HomeCo Daily Needs REIT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is HomeCo Daily Needs REIT a good dividend stock?
Whether HomeCo Daily Needs REIT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. HomeCo Daily Needs REIT has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating HomeCo Daily Needs 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.
Does HomeCo Daily Needs REIT pay dividends monthly?
HomeCo Daily Needs REIT typically pays dividends on a quarterly basis.
Does HomeCo Daily Needs REIT pay dividends quarterly?
HomeCo Daily Needs REIT currently pays dividends on a quarterly basis.
Has HomeCo Daily Needs REIT ever paid a dividend?
Yes, HomeCo Daily Needs REIT has a history of paying dividends to its shareholders. HomeCo Daily Needs REIT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy HomeCo Daily Needs REIT dividend stocks?
To buy HomeCo Daily Needs REIT you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy HomeCo Daily Needs REIT stock.
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.
When does HomeCo Daily Needs REIT pay dividends 2024?
HomeCo Daily Needs REIT pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will HomeCo Daily Needs REIT increase its dividend in 2024?
Decisions regarding HomeCo Daily Needs REIT dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date HomeCo Daily Needs REIT dividend overview you can look into the above table of dividend history.
How HomeCo Daily Needs REIT dividend works?
The HomeCo Daily Needs REIT dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how HomeCo Daily Needs REIT's dividend process works:
1. Determination of Dividend: HomeCo Daily Needs 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, HomeCo Daily Needs 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, HomeCo Daily Needs 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 HomeCo Daily Needs 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.
How are HomeCo Daily Needs REIT dividends paid?
HomeCo Daily Needs REIT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: HomeCo Daily Needs 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, HomeCo Daily Needs 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: HomeCo Daily Needs 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.
How many times does HomeCo Daily Needs REIT pay dividends?
HomeCo Daily Needs REIT typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does HomeCo Daily Needs REIT pay dividends?
The general pattern is that HomeCo Daily Needs REIT pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is HomeCo Daily Needs REIT dividend safe?
The safety of HomeCo Daily Needs REIT's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of HomeCo Daily Needs 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 HomeCo Daily Needs 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.