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AIRC Apartment Income REIT dividend history, payout ratio & dates

Apartment Income REIT's most recent quarterly dividend was on Feb 15, 2024 (ex-date) with a cash dividend payment of $0.45 per share. On an annualized basis, the company has a current payout of $1.8 per share. This brings the dividend yield to 4.66% based on its recent close price.

Key dates

  • AIRC last dividend date: Feb 15, 2024
  • AIRC next dividend date: Not announced
AIRC dividend stats
DPS
$1.8
Dividend yield
4.66%
Payout ratio
41.5%
vs. Real Estate sector
Dividend yield
6.12%
Payout ratio
137.3%

Dividend yield

What is Apartment Income REIT current dividend yield

AIRC has a dividend yield of 4.66% which is higher than the industry average but lower than the Real Estate sector average. If we compare it with the Real Estate sector average of 6.12%, Apartment Income REIT's dividend yield is 24% lower.

Dividend history

What is AIRC dividend payout history and dates

Apartment Income REIT has been paying dividends since 2021. AIRC has issued three quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 9% from a year ago, the dividend yield has decreased by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 15, 2024 Feb 27, 2024 Jan 31, 2024 $0.45 normal
Nov 16, 2023 Nov 30, 2023 Oct 30, 2023 $0.45 normal
Aug 17, 2023 Aug 29, 2023 Jul 25, 2023 $0.45 normal
May 18, 2023 May 30, 2023 Apr 26, 2023 $0.45 normal
Feb 16, 2023 Feb 28, 2023 Feb 1, 2023 $0.45 normal
Nov 17, 2022 Nov 30, 2022 Nov 1, 2022 $0.45 normal
Aug 18, 2022 Aug 30, 2022 Jul 27, 2022 $0.45 normal
May 19, 2022 May 31, 2022 Apr 27, 2022 $0.45 normal
Feb 16, 2022 Feb 25, 2022 Feb 9, 2022 $0.45 normal
Nov 10, 2021 Nov 30, 2021 Oct 27, 2021 $0.44 normal
Aug 12, 2021 Aug 27, 2021 Jul 29, 2021 $0.44 normal
May 13, 2021 May 28, 2021 Apr 28, 2021 $0.43 normal
Feb 11, 2021 Feb 26, 2021 Jan 28, 2021 $0.43 normal

Apartment Income REIT dividend payout ratio

What is Apartment Income REIT dividend payout ratio compared to the sector

Payout ratio

AIRC has a payout ratio of 41.5% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 137.3%, Apartment Income REIT's payout ratio is 70% lower.

Total amount of dividends paid per financial year (from cash flow)

AIRC dividend vs peer dividends

How does AIRC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AIRC Apartment Income REIT Corp 4.66% $1.8 41.5%
MGRC Mcgrath Rentcorp 1.68% $1.87 36.4%

Frequently asked questions

Does Apartment Income REIT pay a dividend?

Yes, Apartment Income REIT has paid three dividends in the last 12 months. AIRC has been paying dividends since 2021.

When is Apartment Income REIT's next dividend?

AIRC 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 May 2024.

When was AIRC's last dividend?

Apartment Income REIT's last regular dividend was on Feb 15, 2024 (ex-date) with the amount of $0.45 per share.

How much dividend does Apartment Income REIT pay (per share)?

AIRC has paid dividend of $1.8 per share in the last year.

What is Apartment Income REIT's dividend yield?

Currently Apartment Income REIT's dividend yield is 4.66%.

How often does Apartment Income REIT pay dividends?

Apartment Income REIT pays dividends quarterly.

What is Apartment Income REIT's dividend payout ratio?

Apartment Income REIT's dividend payout ratio is 41.5%.

Does Apartment Income REIT pay a good dividend?

Apartment Income REIT's dividend yield is less than the Real Estate sector average.