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Slate Office REIT (TSX:SOT.UN) Dividend Yield % : 11.29% (As of May. 24, 2024)


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What is Slate Office REIT Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Slate Office REIT is 11.29%.

The historical rank and industry rank for Slate Office REIT's Dividend Yield % or its related term are showing as below:

TSX:SOT.UN' s Dividend Yield % Range Over the Past 10 Years
Min: 7.35   Med: 9.52   Max: 35.62
Current: 11.29

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%.

TSX:SOT.UN's Dividend Yield % is ranked better than
81.59% of 842 companies
in the REITs industry
Industry Median: 6.935 vs TSX:SOT.UN: 11.29

Slate Office REIT's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

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.

As of today (2024-05-24), the Forward Dividend Yield % of Slate Office REIT is 19.35%.

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

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.

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.

The growth rate is calculated with least square regression.

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


Slate Office REIT Dividend Yield % Historical Data

The historical data trend for Slate Office REIT's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Slate Office REIT Dividend Yield % Chart

Slate Office REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 9.65 7.99 9.17 29.20

Slate Office REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.29 16.65 19.83 29.20 18.21

Competitive Comparison of Slate Office REIT's Dividend Yield %

For the REIT - Office subindustry, Slate Office REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Slate Office REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Slate Office REIT's Dividend Yield % falls into.



Slate Office REIT Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.06/0.62
=9.68 %

Current Share Price is C$0.62.
Slate Office REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.06.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.12/0.62
=19.35 %

Current Share Price is C$0.62.
Slate Office REIT's Dividends per Share for the forward twelve months is calculated as C$0.01 * 12 = C$0.12.

* 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  (TSX:SOT.UN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Slate Office REIT Dividend Yield % Related Terms

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

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.

Slate Office REIT (TSX:SOT.UN) Headlines

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