At the end of July 11, 2023, Global Medical REIT GMRE will reward its shareholders with a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 9.08%. Remember, only investors who held the stock before the ex-dividend date on June 22, 2023 will receive this payout.
Global Medical REIT Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-22 | 4 | $0.21 | 9.08% | 2023-06-09 | 2023-06-23 | 2023-07-11 |
| 2023-03-23 | 4 | $0.21 | 8.7% | 2023-03-10 | 2023-03-24 | 2023-04-11 |
| 2022-12-21 | 4 | $0.21 | 8.55% | 2022-12-07 | 2022-12-22 | 2023-01-09 |
| 2022-09-22 | 4 | $0.21 | 7.8% | 2022-09-09 | 2022-09-23 | 2022-10-11 |
| 2022-06-23 | 4 | $0.21 | 6.7% | 2022-06-10 | 2022-06-24 | 2022-07-08 |
| 2022-03-24 | 4 | $0.21 | 5.41% | 2022-03-11 | 2022-03-25 | 2022-04-08 |
| 2021-12-23 | 4 | $0.2 | 4.9% | 2021-12-10 | 2021-12-27 | 2022-01-10 |
| 2021-09-23 | 4 | $0.2 | 5.24% | 2021-09-10 | 2021-09-24 | 2021-10-08 |
| 2021-06-23 | 4 | $0.2 | 5.2% | 2021-06-10 | 2021-06-24 | 2021-07-08 |
| 2021-03-23 | 4 | $0.2 | 6.07% | 2021-03-02 | 2021-03-24 | 2021-04-08 |
| 2020-12-24 | 4 | $0.2 | 5.49% | 2020-12-16 | 2020-12-28 | 2021-01-11 |
| 2020-09-23 | 4 | $0.2 | 5.97% | 2020-09-03 | 2020-09-24 | 2020-10-08 |
Analyzing Global Medical REIT Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.80 to $0.84, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Global Medical REIT
The earnings chart illustrates an increase in Global Medical REIT's earnings per share, from $0.74 in 2019 to $0.98 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article takes an in-depth look at Global Medical REIT's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.21 per share today, translating to an annualized dividend yield of 9.08%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Global Medical REIT appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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