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Target Healthcare REIT (LSE:THRL) 3-Year Dividend Growth Rate : -1.00% (As of Dec. 2023)


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What is Target Healthcare REIT 3-Year Dividend Growth Rate?

Target Healthcare REIT's Dividends per Share for the six months ended in Dec. 2023 was £0.03.

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

LSE:THRL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1   Med: 1.55   Max: 2.1
Current: -1

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Target Healthcare REIT was 2.10% per year. The lowest was -1.00% per year. And the median was 1.55% per year.

LSE:THRL's 3-Year Dividend Growth Rate is ranked worse than
66.4% of 500 companies
in the REITs industry
Industry Median: 2.4 vs LSE:THRL: -1.00

During the past 12 months, Target Healthcare REIT's average Dividends Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% 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.

Target Healthcare REIT's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.76. As of today, Target Healthcare REIT's Dividend Yield % is 7.05%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Target Healthcare REIT PLC is 0.80, which seems too high.

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


Competitive Comparison of Target Healthcare REIT's 3-Year Dividend Growth Rate

For the REIT - Healthcare Facilities subindustry, Target Healthcare REIT'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.


Target Healthcare REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

* The bar in red indicates where Target Healthcare REIT's 3-Year Dividend Growth Rate falls into.



Target Healthcare REIT 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.


Target Healthcare REIT  (LSE:THRL) 3-Year Dividend Growth Rate Explanation

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

Target Healthcare REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.028/ 0.037
=0.76

During the past 10 years, the highest Dividend Payout Ratio of Target Healthcare REIT was 1.21. The lowest was 0.70. And the median was 0.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Target Healthcare REIT PLC is 0.80, which seems too high.

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

Target Healthcare REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0142802024-05-162024-05-172024-05-31Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0142802024-02-082024-02-092024-02-23Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0142802023-11-092023-11-102023-11-24Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0140002023-08-102023-08-112023-08-25Cash DividendquarterlyGBP:GBP 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.

Target Healthcare REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.05684/0.806
=7.05 %

Current Share Price is £0.806.
Target Healthcare REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.05684.

During the past 10 years, the highest Dividend Yield of Target Healthcare REIT was 10.12%. The lowest was 5.15%. And the median was 5.73%.

* 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.


Target Healthcare REIT 3-Year Dividend Growth Rate Related Terms>


Target Healthcare REIT (LSE:THRL) Business Description

Traded in Other Exchanges
Address
69 Old Broad Street, Level 4, Dashwood House, London, GBR, EC2M 1QS
Target Healthcare REIT PLC is a closed-ended investment company, which acts as a long-term investor in care homes in the UK. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes. The company pursues its objective by investing in a portfolio of care homes, in the United Kingdom, that are let to care home operators on repairing and insuring leases.

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