In This Article:
Assessing the Sustainability and Growth of Warehouses De Pauw SA's Dividends
Warehouses De Pauw SA (WDPSF) recently announced a dividend of $1.12 per share, payable on 0000-00-00, with the ex-dividend date set for 2024-04-25. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Warehouses De Pauw SA's dividend performance and assess its sustainability.
What Does Warehouses De Pauw SA Do?
-
This Powerful Chart Made Peter Lynch 29% A Year For 13 Years
-
How to calculate the intrinsic value of a stock?
Warehouses De Pauw is a real estate investment trust engaged in the acquisition and development of storage, distribution, and semi-industrial facilities throughout Europe. The vast majority of the company's real estate portfolio in terms of square footage and total rental value is made up of general warehouse space, while offices represent a smaller amount. These properties are mainly located in Belgium and the Netherlands near large transportation hubs. Warehouses De Pauw derives nearly all of its revenue in the form of rental income from the same two countries. The company's tenants in terms of revenue include solar panels, third-party logistics firms, and food industry companies. Warehouses De Pauw is also active in the logistics property markets of France and Romania.
A Glimpse at Warehouses De Pauw SA's Dividend History
Warehouses De Pauw SA has maintained a consistent dividend payment record since 2016. Dividends are currently distributed on a yearly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.
Breaking Down Warehouses De Pauw SA's Dividend Yield and Growth
As of today, Warehouses De Pauw SA currently has a 12-month trailing dividend yield of 3.71% and a 12-month forward dividend yield of 4.15%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, Warehouses De Pauw SA's annual dividend growth rate was 8.70%. Extended to a five-year horizon, this rate decreased to 7.60% per year. And over the past decade, Warehouses De Pauw SA's annual dividends per share growth rate stands at 7.90%.
Based on Warehouses De Pauw SA's dividend yield and five-year growth rate, the 5-year yield on cost of Warehouses De Pauw SA stock as of today is approximately 5.35%.
The Sustainability Question: Payout Ratio and Profitability
To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-09-30, Warehouses De Pauw SA's dividend payout ratio is 0.00.