Dividends

Annual Dividend History(payment-date basis)

Quarterly Dividend History

Dividend Yield Metrics

Current Yield

9.11%

Average Yield (TTM)

23.24%

Average Yield (3Y)

14.85%

Forward Yield on Cost (3Y)

22.27%

Forward Yield on Cost (5Y)

32.79%

Forward Yield on Cost (10Y)

86.31%

Payout Ratio Analysis

Payout Ratio (Current)

498.66%

FCF Payout Ratio

124.68%

Payout Ratio (3Y Avg)

N/A

Payout Ratio (5Y Avg)

N/A

FCF Payout (3Y Avg)

N/A

FCF Payout (5Y Avg)

N/A

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.