Spring Real Estate Investment Trust (Spring REIT, stock code: 1426) is a real estate investment trust which invests in high quality income-producing real estate. Listed on 5 December 2013 on the Hong Kong Stock Exchange, Spring REIT offers direct exposure to two Premium Grade office buildings strategically located in the Central Business District of Beijing and 84 separate commercial properties in the United Kingdom. Spring REIT seeks to offer to Unitholders stable distributions and the potential for sustainable long-term growth through investing in a diversified portfolio of income producing real estate around the world.
Spring Real Estate Investment Trust Dividend Announcement
• Spring Real Estate Investment Trust announced a semi annually dividend of HK$0.09 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-02
• Spring Real Estate Investment Trust annual dividend for 2024 was HK$0.18
• Spring Real Estate Investment Trust annual dividend for 2023 was HK$0.20
• Spring Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 9.18%
• Spring Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is 486.32%
• Spring Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was -3.26% year
Spring Real Estate Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-02 | HK$0.09 | semi annually | 2024-10-22 |
2024-04-12 | HK$0.09 | semi annually | |
2023-09-05 | HK$0.10 | semi annually | 2023-09-22 |
2023-04-25 | HK$0.10 | semi annually | 2023-05-15 |
2022-09-05 | HK$0.11 | semi annually | 2022-09-22 |
2022-04-12 | HK$0.11 | semi annually | 2022-04-29 |
2021-09-06 | HK$0.11 | semi annually | 2021-09-21 |
2021-04-14 | HK$0.10 | semi annually | 2021-04-29 |
2020-09-03 | HK$0.10 | semi annually | 2020-09-18 |
2020-04-14 | HK$0.09 | semi annually | 2020-04-29 |
2019-09-05 | HK$0.10 | semi annually | 2019-09-20 |
2019-04-12 | HK$0.07 | semi annually | 2019-04-30 |
2018-09-13 | HK$0.12 | semi annually | 2018-09-28 |
2018-04-13 | HK$0.12 | semi annually | 2018-04-27 |
2017-09-07 | HK$0.10 | semi annually | 2017-09-22 |
2017-04-12 | HK$0.10 | semi annually | 2017-04-28 |
2016-09-08 | HK$0.13 | semi annually | 2016-09-23 |
2016-04-05 | HK$0.13 | semi annually | 2016-04-20 |
2015-09-02 | HK$0.14 | semi annually | 2015-09-17 |
2015-04-02 | HK$0.12 | semi annually | 2015-04-22 |
2014-09-08 | HK$0.02 | semi annually | 2014-09-30 |
2014-04-03 | HK$0.07 | semi annually | 2014-05-16 |
Spring Real Estate Investment Trust Dividend per year
Spring Real Estate Investment Trust Dividend growth
Spring Real Estate Investment Trust Dividend Yield
Spring Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 9.18%. Interested in purchasing Spring Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:
Spring Real Estate Investment Trust Financial Ratios
Spring Real Estate Investment Trust Dividend FAQ
Other factors to consider when evaluating Spring 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: Spring 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, Spring 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, Spring 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 Spring 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: Spring 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, Spring 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: Spring 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 Spring 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 Spring 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.