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Slate Office REIT (TSX:SOT.UN) 3-Year Dividend Growth Rate : -24.80% (As of Mar. 2024)


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What is Slate Office REIT 3-Year Dividend Growth Rate?

Slate Office REIT's Dividends per Share for the three months ended in Mar. 2024 was C$0.00.

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

TSX:SOT.UN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -24.8   Med: -17.05   Max: -0.4
Current: -24.8

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Slate Office REIT was -0.40% per year. The lowest was -24.80% per year. And the median was -17.05% per year.

TSX:SOT.UN's 3-Year Dividend Growth Rate is ranked worse than
95.39% of 499 companies
in the REITs industry
Industry Median: 2.4 vs TSX:SOT.UN: -24.80

During the past 12 months, Slate Office REIT's average Dividends Per Share Growth Rate was -82.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -24.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -20.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -11.70% 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.

Slate Office REIT's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Slate Office REIT's Dividend Yield % is 11.29%.

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


Competitive Comparison of Slate Office REIT's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Slate Office 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.


Slate Office REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

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



Slate Office 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.


Slate Office REIT  (TSX:SOT.UN) 3-Year Dividend Growth Rate Explanation

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

Slate Office REIT'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/ -0.199
=N/A

During the past 12 years, the highest Dividend Payout Ratio of Slate Office REIT was 1.49. The lowest was 0.76. And the median was 0.98.

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

Slate Office REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0100002023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0100002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0100002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0100002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0100002023-06-292023-06-302023-07-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0100002023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:CAD 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.

Slate Office REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.06/0.60
=10.00 %

Current Share Price is C$0.60.
Slate Office REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.06.

During the past 12 years, the highest Dividend Yield of Slate Office REIT was 35.62%. The lowest was 7.35%. And the median was 9.52%.

* 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.


Slate Office REIT 3-Year Dividend Growth Rate Related Terms>


Slate Office REIT (TSX:SOT.UN) Business Description

Industry
Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately 34 commercial properties located in Canada. The company operates in Canada, United States, and Ireland.

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