Stor-Age Property REIT Ltd is a real estate investment trust. The firm invests in the real estate markets of South Africa. It is focused on the ownership, acquisition, development and management of prime self storage assets. Stor-Age Property REIT Ltd was founded in 2006 and is based in South Africa.
Stor-Age Property REIT Dividend Announcement
• Stor-Age Property REIT announced a semi annually dividend of R57.16 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-27
• Stor-Age Property REIT annual dividend for 2024 was R113.97
• Stor-Age Property REIT annual dividend for 2023 was R119.45
• Stor-Age Property REIT's trailing twelve-month (TTM) dividend yield is 7.35%
• Stor-Age Property REIT's payout ratio for the trailing twelve months (TTM) is 80.06%
• Stor-Age Property REIT's dividend growth over the last five years (2018-2023) was 3.19% year
Stor-Age Property REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-27 | R57.16 | semi annually | 2024-12-02 |
2024-07-03 | R56.81 | semi annually | 2024-07-08 |
2023-11-29 | R61.36 | semi annually | 2023-12-04 |
2023-07-05 | R58.09 | semi annually | 2023-07-10 |
2022-11-30 | R60.05 | semi annually | 2022-12-05 |
2022-07-06 | R55.30 | semi annually | 2022-07-11 |
2021-12-01 | R56.60 | semi annually | 2021-12-06 |
2021-06-30 | R54.08 | semi annually | 2021-07-05 |
2020-12-02 | R52.00 | semi annually | 2020-12-07 |
2020-07-08 | R57.16 | semi annually | 2020-07-13 |
2019-12-04 | R54.89 | semi annually | 2019-12-09 |
2019-07-03 | R55.38 | semi annually | 2019-07-08 |
2018-12-05 | R51.30 | semi annually | 2018-12-10 |
2018-07-04 | R50.81 | semi annually | 2018-07-09 |
2017-12-06 | R47.02 | semi annually | 2017-12-11 |
2017-07-05 | R45.01 | semi annually | 2017-07-10 |
2016-12-07 | R43.04 | semi annually | |
2016-06-27 | R30.07 | semi annually |
Stor-Age Property REIT Dividend per year
Stor-Age Property REIT Dividend growth
Stor-Age Property REIT Dividend Yield
Stor-Age Property REIT current trailing twelve-month (TTM) dividend yield is 7.35%. Interested in purchasing Stor-Age Property REIT stock? Use our calculator to estimate your expected dividend yield:
Stor-Age Property REIT Financial Ratios
Stor-Age Property REIT Dividend FAQ
Other factors to consider when evaluating Stor-Age Property 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.
Place an order: Use the brokerage's trading platform to place an order to buy Stor-Age Property REIT stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Stor-Age Property 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, Stor-Age Property 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, Stor-Age Property 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 Stor-Age Property 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: Stor-Age Property 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, Stor-Age Property 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: Stor-Age Property 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 Stor-Age Property 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 Stor-Age Property 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.