SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. SPH REIT has a portfolio of five assets in Singapore and Australia. Its portfolio of properties in Singapore comprises a 99-year leasehold interest in Paragon, a 99-year leasehold interest in The Clementi Mall and a 99-year leasehold interest in The Rail Mall. These Singapore properties have an aggregate net lettable area of approximately 960,000 sq. ft. In Australia, SPH REIT owns a 50% freehold interest in Westfield Marion Shopping Centre, the largest regional shopping centre in Adelaide, South Australia. SPH REIT also owns an 85% interest in Figtree Grove Shopping Centre, a freehold sub-regional shopping centre in Wollongong, New South Wales, Australia. Both Australian properties have an aggregate gross lettable area of approximately 1.7 million sq. ft.
SPH REIT Dividend Announcement
• SPH REIT announced a quarterly dividend of S$0.02 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-08-27
• SPH REIT annual dividend for 2024 was S$0.07
• SPH REIT annual dividend for 2023 was S$0.04
• SPH REIT's trailing twelve-month (TTM) dividend yield is 7.74%
• SPH REIT's payout ratio for the trailing twelve months (TTM) is 58.98%
• SPH REIT's dividend growth over the last five years (2018-2023) was -5.66% year
SPH REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | S$0.02 | quarterly | 2024-10-07 |
2024-08-14 | S$0.02 | quarterly | 2024-09-23 |
2024-02-13 | S$0.03 | quarterly | |
2023-08-15 | S$0.02 | quarterly | 2023-09-22 |
2023-02-20 | S$0.02 | quarterly | 2023-03-28 |
2022-10-14 | S$0.01 | quarterly | 2022-11-25 |
2022-07-15 | S$0.01 | quarterly | 2022-08-29 |
2022-04-08 | S$0.01 | quarterly | 2022-05-20 |
2022-02-11 | S$0.01 | quarterly | 2022-02-28 |
2021-10-12 | S$0.02 | quarterly | 2021-11-19 |
2021-07-19 | S$0.01 | quarterly | 2021-08-25 |
2021-04-06 | S$0.01 | quarterly | 2021-05-11 |
2021-01-20 | S$0.01 | quarterly | 2021-02-26 |
2020-10-13 | S$0.01 | quarterly | 2020-11-20 |
2020-07-08 | S$0.01 | quarterly | 2020-08-18 |
2020-04-08 | S$0.00 | quarterly | 2020-05-13 |
2019-11-28 | S$0.01 | quarterly | 2020-02-14 |
2019-10-17 | S$0.01 | quarterly | 2019-11-20 |
2019-07-18 | S$0.01 | quarterly | 2019-08-22 |
2019-04-12 | S$0.01 | quarterly | 2019-05-17 |
2019-01-11 | S$0.01 | quarterly | 2019-02-15 |
2018-10-17 | S$0.01 | quarterly | 2018-11-21 |
2018-07-16 | S$0.01 | quarterly | 2018-08-17 |
2018-04-12 | S$0.01 | quarterly | 2018-05-16 |
2018-01-11 | S$0.01 | quarterly | 2018-02-14 |
2017-10-13 | S$0.01 | quarterly | 2017-11-16 |
2017-07-18 | S$0.01 | quarterly | 2017-08-23 |
2017-04-17 | S$0.01 | quarterly | 2017-05-22 |
2017-01-17 | S$0.01 | quarterly | 2017-02-16 |
2016-10-12 | S$0.01 | quarterly | |
2016-07-13 | S$0.01 | quarterly | |
2016-04-08 | S$0.01 | quarterly | |
2016-01-11 | S$0.01 | quarterly | |
2015-10-16 | S$0.01 | quarterly | |
2015-07-13 | S$0.01 | quarterly | |
2015-04-17 | S$0.01 | quarterly | |
2015-01-16 | S$0.01 | quarterly | |
2014-10-17 | S$0.01 | quarterly | |
2014-07-17 | S$0.01 | quarterly | |
2014-04-14 | S$0.01 | quarterly | |
2014-01-15 | S$0.02 | quarterly |
SPH REIT Dividend per year
SPH REIT Dividend growth
SPH REIT Dividend Yield
SPH REIT current trailing twelve-month (TTM) dividend yield is 7.74%. Interested in purchasing SPH REIT stock? Use our calculator to estimate your expected dividend yield:
SPH REIT Financial Ratios
SPH REIT Dividend FAQ
Other factors to consider when evaluating SPH 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: SPH 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, SPH 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, SPH 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 SPH 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: SPH 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, SPH 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: SPH 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 SPH 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 SPH 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.