For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
Payout Ratio
77.8%
Dividends / net income
FCF Payout Ratio
73.3%
Dividends / free cash flow
Consecutive Years
56 years
Years with regular dividend payments
5Y Dividend Growth
1.0%
Compound annual dividend growth
This step chart displays the nominal dividend payouts over time by ex-dividend date (the date you must own the stock by to receive each payment), matching the distribution frequency.
