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CIO City Office REIT dividend history, payout ratio & dates

City Office REIT's last quarterly dividend was on Jan 9, 2023 (ex-date) with a distribution of $0.2 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 8.28% based on its recent close price.

Key dates

  • CIO last dividend date: Jan 9, 2023
  • CIO next dividend date: Not announced
CIO dividend stats
DPS
$0.8
Dividend yield
8.28%
Payout ratio
7.6%
vs. Real Estate sector
Dividend yield
5.8%
Payout ratio
102.5%

Dividend yield

What is City Office REIT current dividend yield

City Office REIT's dividend yield of 8.28% is above the Real Estate sector, the industry and its peers average. If we compare it with its Real Estate sector average of 5.8%, City Office REIT's dividend yield is 43% higher. The historical 5-year average of CIO's dividend yield is 7.1%, which is less than the current yield.

Dividend history

What is CIO dividend payout history and dates

City Office REIT has been paying dividends since 2014. CIO has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 23% since one year ago. And with the stock price down by 44% from a year ago, the dividend yield has grown by 121%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jan 9, 2023 Jan 24, 2023 Dec 15, 2022 $0.2 normal
Oct 6, 2022 Oct 21, 2022 Sep 15, 2022 $0.2 normal
Jul 7, 2022 Jul 22, 2022 Jun 16, 2022 $0.2 normal
Apr 7, 2022 Apr 22, 2022 Mar 15, 2022 $0.2 normal
Jan 10, 2022 Jan 25, 2022 $0.2 normal
Oct 7, 2021 Oct 22, 2021 Sep 16, 2021 $0.15 normal
Jul 8, 2021 Jul 23, 2021 Jun 15, 2021 $0.15 normal
Apr 8, 2021 Apr 23, 2021 Mar 23, 2021 $0.15 normal
Jan 8, 2021 Jan 25, 2021 Dec 15, 2020 $0.15 normal
Oct 7, 2020 Oct 22, 2020 Sep 15, 2020 $0.15 normal
Jul 9, 2020 Jul 24, 2020 Jun 12, 2020 $0.15 normal
Apr 8, 2020 Apr 24, 2020 Mar 25, 2020 $0.15 normal
Jan 9, 2020 Jan 24, 2020 Dec 13, 2019 $0.235 normal
Oct 10, 2019 Oct 25, 2019 Sep 16, 2019 $0.235 normal
Jul 10, 2019 Jul 25, 2019 Jun 14, 2019 $0.235 normal
Apr 10, 2019 Apr 25, 2019 Mar 15, 2019 $0.235 normal
Jan 10, 2019 Jan 25, 2019 Dec 21, 2018 $0.235 normal
Oct 10, 2018 Oct 25, 2018 Sep 14, 2018 $0.235 normal
Jul 10, 2018 Jul 25, 2018 Jun 15, 2018 $0.235 normal
Apr 10, 2018 Apr 25, 2018 Mar 21, 2018 $0.235 normal
Jan 10, 2018 Jan 25, 2018 Dec 15, 2017 $0.235 normal
Oct 10, 2017 Oct 25, 2017 Sep 15, 2017 $0.235 normal
Jul 7, 2017 Jul 25, 2017 Jun 27, 2017 $0.235 normal
Apr 7, 2017 Apr 25, 2017 Mar 21, 2017 $0.235 normal
Jan 11, 2017 Jan 25, 2017 Dec 21, 2016 $0.235 normal
Oct 6, 2016 Oct 25, 2016 Sep 15, 2016 $0.235 normal
Jul 5, 2016 Jul 21, 2016 Jun 20, 2016 $0.235 normal

City Office REIT dividend payout ratio

What is City Office REIT dividend payout ratio compared to the sector

Payout ratio

City Office REIT's payout ratio of 7.6% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 102.5%, City Office REIT's payout ratio is 93% lower.

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

CIO dividend vs peer dividends

How does CIO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CHMI Cherry Hill Mortgage Investment Corp 15.43% $1.08 41.2%
CIO City Office REIT Inc 8.28% $0.8 7.6%
SPG Simon Property Group Inc 5.37% $6.9 115%
HASI Hannon Armstrong Sustainable Infrastructure Capital Inc 4.2% $1.5 102%

Frequently asked questions

Does City Office REIT pay a dividend?

Yes, City Office REIT has been paying dividends for the last eight years.

When is City Office REIT's next dividend?

CIO hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in April 2023.

When was CIO's last dividend?

City Office REIT's last regular dividend was on Jan 9, 2023 (ex-date) with the amount of $0.2 per share.

How much dividend does City Office REIT pay (per share)?

CIO's annualized dividend per share is $0.8.

What is City Office REIT's dividend yield?

The current dividend yield of City Office REIT is 8.28%.

How often does City Office REIT pay dividends?

City Office REIT has a quarterly dividend frequency.

What is City Office REIT's dividend payout ratio?

City Office REIT's dividend payout ratio is 7.6%.

Does City Office REIT pay a good dividend?

City Office REIT's dividend yield is more than the Real Estate sector average.