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Elme Communities (Elme Communities) 3-Year Dividend Growth Rate : -15.70% (As of Mar. 2024)


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What is Elme Communities 3-Year Dividend Growth Rate?

Elme Communities's Dividends per Share for the three months ended in Mar. 2024 was $0.18.

The historical rank and industry rank for Elme Communities's 3-Year Dividend Growth Rate or its related term are showing as below:

ELME' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.2   Med: 4   Max: 22.2
Current: -15.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elme Communities was 22.20% per year. The lowest was -17.20% per year. And the median was 4.00% per year.

ELME's 3-Year Dividend Growth Rate is ranked worse than
90.28% of 504 companies
in the REITs industry
Industry Median: 2.25 vs ELME: -15.70

During the past 12 months, Elme Communities's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Elme Communities's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Elme Communities's Dividend Yield % is 4.73%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Elme Communities's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, Elme Communities's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elme Communities's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elme Communities's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Elme Communities's 3-Year Dividend Growth Rate falls into.



Elme Communities 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Elme Communities  (NYSE:ELME) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Elme Communities's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.18/ -0.04
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Elme Communities was 80.00. The lowest was 0.25. And the median was 7.74.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Elme Communities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1800002024-03-192024-03-202024-04-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002023-12-202023-12-212024-01-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002023-09-192023-09-202023-10-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002023-06-212023-06-222023-07-06Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Elme Communities's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/15.22
=4.73 %

Current Share Price is $15.22.
Elme Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 13 years, the highest Dividend Yield of Elme Communities was 6.86%. The lowest was 3.07%. And the median was 4.37%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Elme Communities 3-Year Dividend Growth Rate Related Terms>


Elme Communities (Elme Communities) Business Description

Industry
Traded in Other Exchanges
Address
1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located primarily near major transportation nodes. Washington REIT derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Washington REIT's largest tenants are banking, consulting, law, and financial services firms.
Executives
Susan Carras director 345 PARK AVENUE, NEW YORK NY 10154
Tiffany Michelle Butcher officer: EVP & COO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Steven Freishtat officer: EVP & CFO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Susan Lilly Gerock officer: SVP & CIO 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Ellen M. Goitia director 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Taryn D. Fielder officer: SVP, GC & Corporate Secretary 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Murn Edward J. Iv officer: Managing Director, Residential 6110 EXECUTIVE BOULEVARD, SUITE 800, ROCKVILLE MD 20852
Wade Drew Hammond officer: VP & CAO elect & Controller 1775 EYE ST., NW, SUITE 1000, WASHINGTON DC 20006
John P Mcdaniel other: Trustee C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Stephen Edward Riffe officer: E.V.P. & CFO-elect 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Laura M Franklin officer: S.V.P. & Corp. Sec. CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Thomas L Regnell officer: Mnging. Dir. - Acquisitions
Benjamin S Butcher director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110

Elme Communities (Elme Communities) Headlines