New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.
New York City REIT Dividend Announcement
• New York City REIT announced a annually dividend of $0.80 per ordinary share which will be made payable on 2022-04-18. Ex dividend date: 2022-04-08
• New York City REIT's trailing twelve-month (TTM) dividend yield is -%
New York City REIT Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-04-08 | $0.80 | annually | 2022-04-18 |
New York City REIT Dividend per year
New York City REIT Dividend Yield
New York City REIT current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing New York City REIT stock? Use our calculator to estimate your expected dividend yield:
New York City REIT Financial Ratios
P/E ratio-0.12
PEG ratio-0.01
P/B ratio0.18
ROE-84.22%
Payout ratio0.00%
Current ratio2.27
Quick ratio2.27
Cash Ratio0.68
New York City REIT Dividend FAQ
Does New York City REIT stock pay dividends?
New York City REIT does not currently pay dividends to its shareholders.
Has New York City REIT ever paid a dividend?
No, New York City REIT has no a history of paying dividends to its shareholders. New York City REIT is not known for its dividend payments.
Why doesn't New York City REIT pay dividends?
There are several potential reasons why New York City REIT would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will New York City REIT ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While New York City REIT has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is New York City REIT a dividend aristocrat?
New York City REIT is not considered a Dividend Aristocrat. 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 New York City REIT a dividend king?
New York City REIT is not classified as a "Dividend King". 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 New York City REIT a dividend stock?
No, New York City REIT is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy New York City REIT stocks?
To buy New York City 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy New York City 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.
Place an order: Use the brokerage's trading platform to place an order to buy New York City 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.