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DRI Healthcare Trust (TSX:DHT.U) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is DRI Healthcare Trust 3-Year Dividend Growth Rate?

DRI Healthcare Trust's Dividends per Share for the three months ended in Mar. 2024 was $0.09.

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

TSX:DHT.U's 3-Year Dividend Growth Rate is not ranked *
in the Drug Manufacturers industry.
Industry Median: 11
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, DRI Healthcare Trust's average Dividends Per Share Growth Rate was 3.30% 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.

DRI Healthcare Trust's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, DRI Healthcare Trust's Dividend Yield % is 2.79%.

Warning Sign:

DRI Healthcare Trust stock dividend yield is close to 3-year low.

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


Competitive Comparison of DRI Healthcare Trust's 3-Year Dividend Growth Rate

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare Trust'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.


DRI Healthcare Trust's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

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



DRI Healthcare Trust 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.


DRI Healthcare Trust  (TSX:DHT.U) 3-Year Dividend Growth Rate Explanation

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

DRI Healthcare Trust'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 )
=0.085/ -0.11
=N/A

During the past 3 years, the highest Dividend Payout Ratio of DRI Healthcare Trust was 1.00. The lowest was 0.14. And the median was 0.27.

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

DRI Healthcare Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0850002024-03-272024-03-312024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.0750002023-12-282023-12-312024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.0750002023-09-282023-09-302023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.0750002023-06-292023-06-302023-07-20Cash 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.

DRI Healthcare Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.31/11.12
=2.79 %

Current Share Price is $11.12.
DRI Healthcare Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.31.

During the past 3 years, the highest Dividend Yield of DRI Healthcare Trust was 6.12%. The lowest was 2.47%. And the median was 3.76%.

Warning Sign:

DRI Healthcare Trust stock dividend yield is close to 3-year low.

* 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.


DRI Healthcare Trust 3-Year Dividend Growth Rate Related Terms>


DRI Healthcare Trust (TSX:DHT.U) Business Description

Traded in Other Exchanges
Address
100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1
DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

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