US Masters Residential Property Fund (Fund) was established in 2011 and is listed on the Australian Securities Exchange (URF.ASX). The Fund was established to give investors exposure to US residential property and is the largest Australian-listed property trust with a primary strategy of investing in freestanding and multi-tenant US residential property in the New York metropolitan area. The Fund is focused on seeking to achieve long-term returns through a combination of income from rental yields along with potential long-term capital growth. Since 2011, the Fund's portfolio has grown to 982 housing units across 551 freestanding properties, with a gross asset value of approximately $1.2 billion (as at 30 June 2020). The Fund conducts all its New York metropolitan area residential investment through its controlled entity US Masters Residential Property (USA) Fund, a Maryland Real Estate Investment Trust (US REIT). A dedicated team of highly-skilled professionals based in New York manages every aspect of the real estate investment process from acquiring the properties and rehabilitating the assets, to leasing the homes and ongoing tenant management.
US Masters Residential Property Fund Dividend Announcement
• US Masters Residential Property Fund announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2024-04-05. Ex dividend date: 2024-03-07
• US Masters Residential Property Fund annual dividend for 2024 was A$0.01
• US Masters Residential Property Fund annual dividend for 2023 was A$0.01
• US Masters Residential Property Fund's trailing twelve-month (TTM) dividend yield is 2.8%
• US Masters Residential Property Fund's payout ratio for the trailing twelve months (TTM) is -34.11%
US Masters Residential Property Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-07 | A$0.01 | annually | 2024-04-05 |
2023-06-29 | A$0.01 | annually | 2023-07-18 |
2019-06-27 | A$0.01 | annually | 2019-08-23 |
2019-01-20 | A$0.05 | annually | 2019-02-05 |
2018-06-28 | A$0.05 | annually | 2018-08-03 |
2017-12-27 | A$0.05 | annually | 2018-02-05 |
2017-06-29 | A$0.05 | annually | 2017-08-01 |
2016-12-28 | A$0.05 | annually | 2017-02-03 |
2016-06-29 | A$0.05 | annually | 2016-08-01 |
2015-12-28 | A$0.05 | annually | 2016-01-29 |
2015-06-26 | A$0.05 | annually | 2015-08-10 |
2014-12-28 | A$0.05 | annually | 2015-02-06 |
2014-06-26 | A$0.05 | annually | 2014-09-24 |
2013-12-22 | A$0.05 | annually | 2014-03-24 |
2013-06-24 | A$0.05 | annually | 2013-09-25 |
2012-12-20 | A$0.05 | annually | 2013-03-14 |
US Masters Residential Property Fund Dividend per year
US Masters Residential Property Fund Dividend growth
US Masters Residential Property Fund Dividend Yield
US Masters Residential Property Fund current trailing twelve-month (TTM) dividend yield is 2.8%. Interested in purchasing US Masters Residential Property Fund stock? Use our calculator to estimate your expected dividend yield:
US Masters Residential Property Fund Financial Ratios
US Masters Residential Property Fund Dividend FAQ
Other factors to consider when evaluating US Masters Residential Property Fund 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: US Masters Residential Property Fund'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, US Masters Residential Property Fund 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, US Masters Residential Property Fund 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 US Masters Residential Property Fund 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: US Masters Residential Property Fund 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, US Masters Residential Property Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: US Masters Residential Property Fund 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 US Masters Residential Property Fund'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 US Masters Residential Property Fund'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.