Prime US REIT (PRIME) is a diversified Singapore real estate investment trust ("REIT") with a focus on stabilised income-producing office assets in the United States ("U.S."). PRIME offers investors a unique exposure to a high-quality portfolio of 12 prime and freehold office properties, strategically located in ten primary markets in the U.S., with a total appraised value of US$1.42 billion. With a geographically diversified portfolio of strategically-located prime office assets in key U.S. office markets, PRIME is well-positioned to achieve its key objectives to provide Unitholders with regular and stable distributions through long-term growth in distributions per unit and net asset value per unit growth while maintaining an appropriate capital structure.
Prime US REIT Dividend Announcement
• Prime US REIT announced a semi annually dividend of $0.00 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-08-20
• Prime US REIT annual dividend for 2024 was $0.01
• Prime US REIT annual dividend for 2023 was $0.08
• Prime US REIT's trailing twelve-month (TTM) dividend yield is 3.05%
• Prime US REIT's payout ratio for the trailing twelve months (TTM) is -24.47%
Prime US REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | $0.00 | semi annually | 2024-09-30 |
2024-03-01 | $0.00 | semi annually | |
2023-08-16 | $0.04 | semi annually | 2023-09-28 |
2023-02-15 | $0.04 | semi annually | 2023-03-31 |
2022-08-11 | $0.05 | semi annually | 2022-09-26 |
2022-02-23 | $0.05 | semi annually | 2022-03-31 |
2021-07-02 | $0.05 | semi annually | 2021-08-20 |
2021-02-24 | $0.05 | semi annually | 2021-03-30 |
2020-08-14 | $0.04 | semi annually | 2020-09-23 |
2020-02-19 | $0.07 | semi annually | 2020-03-06 |
Prime US REIT Dividend per year
Prime US REIT Dividend growth
Prime US REIT Dividend Yield
Prime US REIT current trailing twelve-month (TTM) dividend yield is 3.05%. Interested in purchasing Prime US REIT stock? Use our calculator to estimate your expected dividend yield:
Prime US REIT Financial Ratios
Prime US REIT Dividend FAQ
Other factors to consider when evaluating Prime US 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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1. Determination of Dividend: Prime US 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, Prime US 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, Prime US 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 Prime US 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: Prime US 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, Prime US 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: Prime US 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 Prime US 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 Prime US 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.