SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada. SmartCentres continues to focus on enhancing the lives of Canadians by planning and developing complete, connected, mixed-use communities on its existing retail properties. A publicly announced $11.9 billion intensification program ($5.4 billion at SmartCentres' share) represents the REIT's current major development focus on which construction is expected to commence within the next five years. This intensification program consists of rental apartments, condos, seniors' residences and hotels, to be developed under the SmartLiving banner, and retail, office, and storage facilities, to be developed under the SmartCentres banner. SmartCentres' intensification program is expected to produce an additional 59.3 million square feet (27.9 million square feet at SmartCentres' share) of space, 27.1 million square feet (12.3 million square feet at SmartCentres' share) of which has or will commence construction within next five years. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape. Included in this intensification program is the Trust's share of SmartVMC which, when completed, is expected to include approximately 11.0 million square feet of mixed-use space in Vaughan, Ontario. Construction of the first five sold-out phases of Transit City Condominiums that represent 2,789 residential units continues to progress. Final closings of the first two phases of Transit City Condominiums began ahead of budget and ahead of schedule in August 2020 and as at September 30, 2020, 766 units (representing approximately 70% of all 1,110 units in the first and second phases) had closed with the balance of units expected to close before year end. In addition, the presold 631 units in the third phase along with 22 townhomes, all of which are sold out and currently under construction, are expected to close in 2021. The fourth and fifth sold-out phases representing 1,026 units are currently under construction and are expected to close in 2023.
SmartCentres Real Estate Investment Trust Dividend Announcement
• SmartCentres Real Estate Investment Trust announced a monthly dividend of $0.11 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• SmartCentres Real Estate Investment Trust annual dividend for 2024 was $1.24
• SmartCentres Real Estate Investment Trust annual dividend for 2023 was $1.37
• SmartCentres Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 7.39%
• SmartCentres Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is 201.08%
• SmartCentres Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was 2.05% year
• SmartCentres Real Estate Investment Trust's dividend growth over the last ten years (2013-2023) was 27.49% year
SmartCentres Real Estate Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.11 | monthly | 2024-12-16 |
2024-10-31 | $0.11 | monthly | 2024-11-15 |
2024-09-27 | $0.11 | monthly | 2024-10-15 |
2024-08-30 | $0.11 | monthly | 2024-09-16 |
2024-07-31 | $0.11 | monthly | 2024-08-15 |
2024-06-28 | $0.11 | monthly | 2024-07-15 |
2024-05-31 | $0.11 | monthly | 2024-06-17 |
2024-04-29 | $0.11 | monthly | 2024-05-15 |
2024-03-27 | $0.11 | monthly | 2024-04-15 |
2024-02-28 | $0.11 | monthly | 2024-03-15 |
2024-01-30 | $0.12 | monthly | 2024-02-15 |
2023-12-28 | $0.12 | monthly | 2024-01-15 |
2023-11-29 | $0.11 | monthly | 2023-12-15 |
2023-10-30 | $0.11 | monthly | 2023-11-15 |
2023-09-28 | $0.11 | monthly | 2023-10-16 |
2023-08-30 | $0.11 | monthly | 2023-09-15 |
2023-07-28 | $0.12 | monthly | 2023-08-15 |
2023-06-29 | $0.12 | monthly | 2023-07-17 |
2023-05-30 | $0.11 | monthly | 2023-06-15 |
2023-04-27 | $0.11 | monthly | 2023-05-15 |
2023-03-30 | $0.11 | monthly | 2023-04-17 |
2023-02-27 | $0.11 | monthly | 2023-03-15 |
2023-01-30 | $0.12 | monthly | 2023-02-15 |
2022-12-29 | $0.11 | monthly | 2023-01-16 |
2022-11-29 | $0.11 | monthly | 2022-12-15 |
2022-10-28 | $0.11 | monthly | 2022-11-15 |
2022-09-28 | $0.11 | monthly | 2022-10-17 |
2022-08-30 | $0.12 | monthly | 2022-09-15 |
2022-07-28 | $0.12 | monthly | 2022-08-15 |
2022-06-29 | $0.12 | monthly | 2022-07-15 |
2022-05-31 | $0.12 | monthly | 2022-06-15 |
2022-04-28 | $0.12 | monthly | 2022-05-16 |
2022-03-30 | $0.12 | monthly | 2022-04-18 |
2022-01-28 | $0.12 | monthly | 2022-02-15 |
2021-12-30 | $0.12 | monthly | 2022-01-17 |
2021-11-29 | $0.12 | monthly | 2021-12-15 |
2021-10-28 | $0.12 | monthly | 2021-11-15 |
2021-09-28 | $0.12 | monthly | 2021-10-15 |
2021-08-30 | $0.12 | monthly | 2021-09-15 |
2021-07-29 | $0.12 | monthly | 2021-08-16 |
2021-06-29 | $0.12 | monthly | 2021-07-15 |
2021-04-29 | $0.13 | monthly | 2021-05-17 |
2021-03-30 | $0.12 | monthly | 2021-04-15 |
2021-02-25 | $0.12 | monthly | 2021-03-15 |
2020-12-30 | $0.12 | monthly | 2021-01-15 |
2020-11-27 | $0.12 | monthly | 2020-12-15 |
2020-10-29 | $0.12 | monthly | 2020-11-16 |
2020-09-29 | $0.11 | monthly | 2020-10-15 |
2020-08-28 | $0.12 | monthly | 2020-09-15 |
2020-07-30 | $0.12 | monthly | 2020-08-17 |
2020-06-29 | $0.11 | monthly | 2020-07-15 |
2020-05-28 | $0.11 | monthly | 2020-06-15 |
2020-04-29 | $0.11 | monthly | 2020-05-15 |
2020-03-30 | $0.11 | monthly | 2020-04-15 |
2020-02-27 | $0.12 | monthly | 2020-03-16 |
2020-01-30 | $0.12 | monthly | 2020-02-18 |
2019-12-30 | $0.12 | monthly | 2020-01-15 |
2019-11-29 | $0.12 | monthly | 2019-12-16 |
2019-10-30 | $0.12 | monthly | 2019-11-15 |
2019-09-27 | $0.11 | monthly | 2019-10-15 |
2019-08-29 | $0.11 | monthly | 2019-09-16 |
2019-07-30 | $0.11 | monthly | 2019-08-15 |
2019-06-27 | $0.11 | monthly | 2019-07-15 |
2019-05-30 | $0.11 | monthly | 2019-06-17 |
2019-04-29 | $0.11 | monthly | 2019-05-15 |
2019-01-30 | $0.11 | monthly | 2019-02-15 |
2018-12-28 | $0.11 | monthly | 2019-01-15 |
2018-11-29 | $0.11 | monthly | 2018-12-17 |
2018-09-27 | $0.11 | monthly | 2018-10-15 |
2018-08-30 | $0.11 | monthly | 2018-09-17 |
2018-07-30 | $0.11 | monthly | 2018-08-15 |
2018-06-28 | $0.11 | monthly | 2018-07-16 |
2018-05-30 | $0.11 | monthly | 2018-06-15 |
2018-04-27 | $0.11 | monthly | 2018-05-15 |
2018-03-28 | $0.11 | monthly | 2018-04-16 |
2018-02-27 | $0.12 | monthly | 2018-03-15 |
2018-01-30 | $0.12 | monthly | 2018-02-15 |
2017-12-28 | $0.12 | monthly | 2018-01-15 |
2017-11-29 | $0.11 | monthly | 2017-12-15 |
2017-10-30 | $0.11 | monthly | 2017-11-15 |
2017-09-28 | $0.11 | monthly | 2017-10-16 |
2017-08-29 | $0.11 | monthly | 2017-09-15 |
2017-07-27 | $0.11 | monthly | 2017-08-15 |
2017-06-28 | $0.11 | monthly | 2017-07-17 |
2017-04-26 | $0.10 | monthly | 2017-05-15 |
2017-03-29 | $0.11 | monthly | 2017-04-17 |
2017-02-24 | $0.11 | monthly | 2017-03-15 |
2017-01-27 | $0.11 | monthly | 2017-02-15 |
2016-12-28 | $0.10 | monthly | |
2016-11-28 | $0.10 | monthly | |
2016-10-27 | $0.11 | monthly | |
2016-09-28 | $0.10 | monthly | |
2016-08-29 | $0.11 | monthly | |
2016-07-27 | $0.10 | monthly | |
2016-06-28 | $0.10 | monthly | |
2016-05-27 | $0.11 | monthly | |
2016-04-27 | $0.11 | monthly | |
2016-03-29 | $0.10 | monthly | |
2016-02-25 | $0.10 | monthly | |
2016-01-27 | $0.10 | monthly | |
2015-12-29 | $0.10 | monthly | |
2015-11-27 | $0.10 | monthly | |
2015-10-28 | $0.10 | monthly | |
2015-09-28 | $0.10 | monthly | |
2015-08-27 | $0.10 | monthly | |
2015-07-29 | $0.10 | monthly | |
2015-06-26 | $0.11 | monthly | |
2015-05-27 | $0.11 | monthly | |
2015-04-28 | $0.11 | monthly | |
2015-03-27 | $0.11 | monthly | |
2015-02-25 | $0.11 | monthly | |
2015-01-28 | $0.11 | monthly | |
2014-12-29 | $0.12 | monthly | |
2014-11-26 | $0.12 | monthly | |
2014-10-29 | $0.12 | monthly | |
2014-09-26 | $0.12 | monthly | |
2014-08-27 | $0.12 | monthly | |
2014-07-29 | $0.12 | monthly | |
2014-06-26 | $0.12 | monthly | |
2014-05-28 | $0.12 | monthly | |
2014-04-28 | $0.12 | monthly | |
2014-03-27 | $0.12 | monthly | |
2014-02-26 | $0.12 | monthly | |
2014-01-29 | $0.12 | monthly | |
2013-12-27 | $0.12 | monthly |
SmartCentres Real Estate Investment Trust Dividend per year
SmartCentres Real Estate Investment Trust Dividend growth
SmartCentres Real Estate Investment Trust Dividend Yield
SmartCentres Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 7.39%. Interested in purchasing SmartCentres Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:
SmartCentres Real Estate Investment Trust Financial Ratios
SmartCentres Real Estate Investment Trust Dividend FAQ
Other factors to consider when evaluating SmartCentres Real Estate Investment Trust 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: SmartCentres Real Estate Investment Trust'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, SmartCentres Real Estate Investment Trust 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, SmartCentres Real Estate Investment Trust 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 SmartCentres Real Estate Investment Trust 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: SmartCentres Real Estate Investment Trust 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, SmartCentres Real Estate Investment Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SmartCentres Real Estate Investment Trust 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 SmartCentres Real Estate Investment Trust'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 SmartCentres Real Estate Investment Trust'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.