SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.
SITE Centers Dividend Announcement
• SITE Centers announced a quarterly dividend of $48.70 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-10-01
• SITE Centers annual dividend for 2024 was $48.86
• SITE Centers annual dividend for 2023 was $0.68
• SITE Centers's trailing twelve-month (TTM) dividend yield is 304.76%
• SITE Centers's payout ratio for the trailing twelve months (TTM) is 110.01%
• SITE Centers's dividend growth over the last five years (2018-2023) was -6.86% year
• SITE Centers's dividend growth over the last ten years (2013-2023) was 2.33% year
SITE Centers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | $48.70 | quarterly | 2024-10-01 |
2024-06-18 | $0.03 | quarterly | 2024-07-09 |
2024-03-13 | $0.13 | quarterly | 2024-04-05 |
2023-12-26 | $0.16 | quarterly | 2024-01-12 |
2023-12-08 | $0.13 | quarterly | 2024-01-05 |
2023-09-25 | $0.13 | quarterly | 2023-10-12 |
2023-06-13 | $0.13 | quarterly | 2023-07-06 |
2023-03-16 | $0.13 | quarterly | 2023-04-06 |
2022-12-08 | $0.13 | quarterly | 2023-01-06 |
2022-09-19 | $0.13 | quarterly | 2022-10-07 |
2022-06-08 | $0.13 | quarterly | 2022-07-06 |
2022-03-16 | $0.13 | quarterly | 2022-04-07 |
2021-12-09 | $0.12 | quarterly | 2022-01-05 |
2021-09-23 | $0.12 | quarterly | 2021-10-08 |
2021-06-09 | $0.12 | quarterly | 2021-07-02 |
2021-03-17 | $0.11 | quarterly | 2021-04-06 |
2020-12-10 | $0.05 | quarterly | 2021-01-07 |
2020-03-09 | $0.20 | quarterly | 2020-04-02 |
2019-12-12 | $0.20 | quarterly | 2020-01-07 |
2019-09-20 | $0.20 | quarterly | 2019-10-08 |
2019-06-11 | $0.20 | quarterly | 2019-07-02 |
2019-03-14 | $0.20 | quarterly | 2019-04-02 |
2018-12-13 | $0.20 | quarterly | 2019-01-04 |
2018-09-25 | $0.20 | quarterly | 2018-10-10 |
2018-06-12 | $0.38 | quarterly | 2018-07-03 |
2018-03-15 | $0.19 | quarterly | 2018-04-03 |
2017-12-11 | $0.19 | quarterly | 2018-01-05 |
2017-09-25 | $0.19 | quarterly | 2017-10-10 |
2017-06-13 | $0.19 | quarterly | 2017-07-06 |
2017-03-14 | $0.19 | quarterly | 2017-04-04 |
2016-12-09 | $0.19 | quarterly | 2017-01-05 |
2016-09-21 | $0.19 | quarterly | 2016-10-11 |
2016-06-07 | $0.19 | quarterly | 2016-07-06 |
2016-03-08 | $0.19 | quarterly | 2016-04-05 |
2015-12-11 | $0.17 | quarterly | 2016-01-05 |
2015-09-18 | $0.17 | quarterly | 2015-10-09 |
2015-06-09 | $0.17 | quarterly | 2015-07-07 |
2015-03-10 | $0.17 | quarterly | 2015-04-07 |
2014-12-12 | $0.15 | quarterly | 2015-01-06 |
2014-09-24 | $0.15 | quarterly | 2014-10-10 |
2014-06-10 | $0.15 | quarterly | 2014-07-08 |
2014-03-11 | $0.15 | quarterly | 2014-04-08 |
2013-12-13 | $0.14 | quarterly | 2014-01-07 |
2013-09-19 | $0.14 | quarterly | 2013-10-08 |
2013-06-11 | $0.14 | quarterly | 2013-07-02 |
2013-03-12 | $0.14 | quarterly | 2013-04-02 |
SITE Centers Dividend per year
SITE Centers Dividend growth
SITE Centers Dividend Yield
SITE Centers current trailing twelve-month (TTM) dividend yield is 304.76%. Interested in purchasing SITE Centers stock? Use our calculator to estimate your expected dividend yield:
SITE Centers Financial Ratios
SITE Centers Dividend FAQ
Other factors to consider when evaluating SITE Centers 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: SITE Centers'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, SITE Centers 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, SITE Centers 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 SITE Centers 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: SITE Centers 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, SITE Centers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SITE Centers 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 SITE Centers'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 SITE Centers'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.