Is Summit Industrial Income REIT a good dividend stock?

Summit Industrial Income REIT (TSE:SMU.UN) pays an annual dividend of C$0.57 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 21.63%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SMU.UN .

How do I buy shares of Summit Industrial Income REIT?

Shares of SMU.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:SMU.UN

Summit Industrial Income REIT (SMU.UN) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$23.48
▼
C$23.48
52-Week Range: N/A

Volume: 1.22 million shs
Average Volume: 1.82 million shs
Market Capitalization: C$4.46 billion

P/E Ratio: 8.89
Dividend Yield: 2.60%
Price Target: N/A

Stock Analysis

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About Summit Industrial Income REIT Stock (TSE:SMU.UN)

Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.

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SMU.UN Stock News Headlines

November 28, 2023 | benzinga.com

Apartment Income REIT Stock (NYSE:AIRC) Dividends: History, Yield and Dates

June 13, 2023 | wsj.com

Amata Summit Growth Freehold & Leasehold REIT

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

May 16, 2023 | seekingalpha.com

NXR.UN:CA Nexus Industrial REIT

October 3, 2022 | finance.yahoo.com

Summit Industrial Income REIT Announces Timing of Third Quarter 2022 Results and Conference Call

October 3, 2022 | finance.yahoo.com

Summit Industrial Income REIT Continues to Expand Development Program in Strong Kitchener, Ontario Market

June 15, 2022 | yahoo.com

Summit Industrial Income REIT Announces June 2022 Cash Distribution

March 31, 2022 | finance.yahoo.com

Summit Industrial Income REIT Continues to Expand Development Pipeline in Ontario

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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February 17, 2022 | ca.finance.yahoo.com

Summit Industrial Income REIT Reports Another Year of Record Performance in 2021

January 20, 2022 | ca.finance.yahoo.com

Summit Industrial Income REIT Acquires Two Brand New Industrial Properties in Guelph, Ontario

October 6, 2021 | ca.finance.yahoo.com

Summit Industrial Income REIT Announces Timing of Third Quarter 2021 Results and Conference Call

September 15, 2021 | stockhouse.com

Summit Industrial Income REIT Announces $126 Million Logistics Centre Acquisition and $110 Million Bought Deal Equity Offering

September 15, 2021 | stockhouse.com

Summit Industrial Income REIT Announces September 2021 Cash Distribution

August 28, 2021 | msn.com

3 Extremely Cheap TSX Stocks to Buy

August 13, 2021 | stockhouse.com

Summit Industrial Income REIT Announces August 2021 Cash Distribution

August 10, 2021 | markets.businessinsider.com

Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2021

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Industrial
Sub-Industry: N/A
Current Symbol: TSE:SMU.UN
CUSIP: N/A
CIK: N/A
Web: www.summitIIreit.com
Phone: (905) 791-1181
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 8.89
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 38.16
Current Ratio: 0.42
Quick Ratio: 0.21

Sales & Book Value

Annual Sales: C$246.09 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 137.33
Book Value: C$19.52 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 189,980,000
Free Float: N/A
Market Cap: C$4.46 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Paul Malcolm Dykeman C.A. (Age 58)
CPA, CPA, CA, CEO, Pres & Trustee
Mr. Ross Drake CPA
CA, Chief Financial Officer
Mr. Jonathan J. Robbins
Sr. VP of Acquisitions
Ms. Kimberley G. Hill
Sr. VP of Asset Management

Key Competitors

View All Competitors

SMU.UN Stock Analysis - Frequently Asked Questions

Is Summit Industrial Income REIT a good dividend stock?: Summit Industrial Income REIT (TSE:SMU.UN) pays an annual dividend of C$0.57 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 21.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SMU.UN.
How do I buy shares of Summit Industrial Income REIT?: Shares of SMU.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SMU.UN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Summit Industrial Income REIT (SMU.UN) Stock Price, News & Analysis

About Summit Industrial Income REIT Stock (TSE:SMU.UN)

SMU.UN Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

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SMU.UN Stock Analysis - Frequently Asked Questions

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