Is Slate Retail REIT a good dividend stock?

Slate Retail REIT (TSE:SRT.UN) pays an annual dividend of C$0.86 per share and currently has a dividend yield of 11.93%. SRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 117.20%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SRT.UN .

How do I buy shares of Slate Retail REIT?

Shares of SRT.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:SRT.UN

Slate Retail REIT (SRT.UN) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$9.60
▼
C$9.60
52-Week Range: N/A

Volume: 30,579 shs
Average Volume: 84,054 shs
Market Capitalization: C$393.69 million

P/E Ratio: 13.08
Dividend Yield: 11.93%
Price Target: N/A

Stock Analysis

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About Slate Retail REIT Stock (TSE:SRT.UN)

Slate Retail REIT is a real estate investment trust focused on U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.4 billion of assets located across the top 50 U.S. metro markets that are visited regularly by consumers for their everyday needs. The REIT's conservative payout ratio, together with its diversified portfolio and quality tenant covenants, provides a strong basis to continue to grow unitholder distributions and the flexibility to capitalize on opportunities that drive value appreciation.

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SRT.UN Stock News Headlines

April 9, 2024 | americanbankingnews.com

Slate Retail REIT (TSE:SRT.UN) Share Price Passes Below 50 Day Moving Average of $9.60

February 27, 2024 | theglobeandmail.com

Slate CEO makes the toughest call in commercial real estate

April 19, 2024 | Behind the Markets (Ad)

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February 2, 2024 | investing.com

SGR_u Historical Data

January 12, 2024 | finance.yahoo.com

G2S2 Capital Inc. Agrees to Vote in Favour of Special Resolution to Amend Declaration of Trust

October 12, 2023 | msn.com

Slate Grocery: 10% Yield With An 80% Payout Ratio, What's Not To Like

August 4, 2023 | markets.businessinsider.com

National Bank Downgrades Slate Office REIT (SOT.UN) to Sell

June 29, 2023 | uk.finance.yahoo.com

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January 16, 2023 | benzinga.com

Slate Office REIT Announces Distribution for the Month of January 2023

September 21, 2022 | seekingalpha.com

Slate Grocery REIT: Finding Tenant Quality And An 8% Dividend Yield

September 15, 2022 | apnews.com

Slate Asset Management Acquires Significant Minority Stake in Roswall Development Inc., a Fully Integrated Canadian Renewable Energy Company

August 29, 2022 | markets.businessinsider.com

Five-Star-Rated Insider Buys Plaza Retail REIT Stock: Should You?

August 26, 2022 | msn.com

Canada's CIBC reports lower profit on higher expenses, loan-loss provisions

August 5, 2022 | seekingalpha.com

Apartment REITs: Rent Inflation Isn't Going Away

July 22, 2022 | finance.yahoo.com

Slate Asset Management Acquires Majority Stake in Germany-Based Electric Vehicle Charging Planner and Developer, amperio GmbH

May 25, 2022 | benzinga.com

Slate Asset Management Announces £50 Million Investment in UK-Based Vertical Farming Business, Eider VF Limited

May 10, 2022 | benzinga.com

G2S2 CAPITAL INC. ANNOUNCES INVESTMENT IN SLATE OFFICE REIT

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: REIT - Retail
Sub-Industry: N/A
Current Symbol: TSE:SRT.UN
CUSIP: N/A
CIK: N/A
Web: www.slateretailreit.com
Phone: +1-416-6444264
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 13.08
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: 218.67
Current Ratio: 0.61
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: C$131.22 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 68.78
Book Value: C$9.29 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 41,009,000
Free Float: N/A
Market Cap: C$393.69 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Greg Stevenson CFA
Chief Exec. Officer
Mr. Robert Armstrong
Chief Financial Officer
Ms. Katie Fasken
Director of Bus. Devel. & Investor Relations
Mr. Ramsey Ali J.D.
Corp. Sec. & Gen. Counsel of Slate Asset Management LP
Ms. Lisa Rowe
Sr. VP of Fin. & Taxation - Slate Asset Management LP

Key Competitors

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SRT.UN Stock Analysis - Frequently Asked Questions

Is Slate Retail REIT a good dividend stock?: Slate Retail REIT (TSE:SRT.UN) pays an annual dividend of C$0.86 per share and currently has a dividend yield of 11.93%. SRT.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 117.20%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SRT.UN.
How do I buy shares of Slate Retail REIT?: Shares of SRT.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:SRT.UN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Slate Retail REIT (SRT.UN) Stock Price, News & Analysis

About Slate Retail REIT Stock (TSE:SRT.UN)

SRT.UN Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

SRT.UN Stock Analysis - Frequently Asked Questions

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