Industrial Logistics Properties Trust's most recent quarterly dividend was on Jan 20, 2023 (ex-date) with a cash dividend payment of $0.01 per share. On an annualized basis, the company has a current payout of $0.36 per share. This brings the dividend yield to 12.63% based on its recent close price.
Industrial Logistics Properties Trust's dividend yield of 12.63% is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 7.48%, Industrial Logistics Properties Trust's dividend yield is 69% higher. The historical 5-year average of ILPT's dividend yield is 6.9%, which is lower than the current one.
Industrial Logistics Properties Trust has been paying dividends since 2018. ILPT has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 73% for the last year. But since the stock price has gone down by 87% from a year ago, the dividend yield has increased by 114%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 20, 2023 | Feb 16, 2023 | Jan 12, 2023 | $0.01 | normal |
| Oct 21, 2022 | Nov 17, 2022 | Oct 13, 2022 | $0.01 | normal |
| Jul 22, 2022 | Aug 18, 2022 | Jul 14, 2022 | $0.01 | normal |
| Apr 22, 2022 | May 19, 2022 | Apr 14, 2022 | $0.33 | normal |
| Jan 21, 2022 | Feb 17, 2022 | Jan 13, 2022 | $0.33 | normal |
| Oct 22, 2021 | Nov 18, 2021 | Oct 14, 2021 | $0.33 | normal |
| Jul 23, 2021 | Aug 19, 2021 | Jul 15, 2021 | $0.33 | normal |
| Apr 23, 2021 | May 20, 2021 | Apr 15, 2021 | $0.33 | normal |
| Jan 22, 2021 | Feb 18, 2021 | Jan 14, 2021 | $0.33 | normal |
| Oct 23, 2020 | Nov 19, 2020 | Oct 15, 2020 | $0.33 | normal |
| Jul 24, 2020 | Aug 20, 2020 | Jul 16, 2020 | $0.33 | normal |
| Apr 15, 2020 | May 21, 2020 | Apr 6, 2020 | $0.33 | normal |
| Jan 24, 2020 | Feb 20, 2020 | Jan 16, 2020 | $0.33 | normal |
| Oct 25, 2019 | Nov 14, 2019 | Oct 17, 2019 | $0.33 | normal |
| Jul 26, 2019 | Aug 15, 2019 | Jul 18, 2019 | $0.33 | normal |
| Apr 26, 2019 | May 16, 2019 | Apr 18, 2019 | $0.33 | normal |
| Jan 25, 2019 | Feb 21, 2019 | Jan 18, 2019 | $0.33 | normal |
| Oct 26, 2018 | Nov 12, 2018 | Oct 18, 2018 | $0.33 | normal |
| Jul 27, 2018 | Aug 13, 2018 | Jul 19, 2018 | $0.33 | normal |
| Apr 27, 2018 | May 14, 2018 | Apr 19, 2018 | $0.27 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ILPT Industrial Logistics Properties Trust | 13.04% | $0.36 | N/A |
| PDM Piedmont Office Realty Trust Inc | 12.86% | $0.84 | 70.6% |
| PEB Pebblebrook Hotel Trust | 0.31% | $0.04 | N/A |
Yes, Industrial Logistics Properties Trust has been paying dividends for the last five years.
ILPT hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in April 2023.
Industrial Logistics Properties Trust's last regular dividend was on Jan 20, 2023 (ex-date) with the amount of $0.01 per share.
On an annual basis ILPT pays $0.36 per share.
Industrial Logistics Properties Trust's current dividend yield is 12.63%.
Industrial Logistics Properties Trust has a quarterly dividend frequency.
Industrial Logistics Properties Trust's dividend yield is higher than the Real Estate sector average.