Centerspace's most recent quarterly dividend payment of $0.75 per share was made to shareholders on record before Mar 27, 2024. At an annualized rate of $2.94 per share, the stock yields 4.53%. The latest CSR stock dividend of $0.75 is an increase from the previous $0.73 distribution, representing a growth of 2.7%.
Centerspace's dividend yield of 4.53% 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 6.37%, Centerspace's dividend yield is 29% lower. Historically CSR's dividend yield has averaged at 4.2% in the last 5 years, which is less than the current one.
Centerspace has been paying dividends for the last 26 years. According to our data CSR has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 0.7% for the last year. However since the stock price has gone up by 18% from a year ago, the dividend yield has decreased by 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 8, 2024 | Feb 20, 2024 | $0.75 | normal |
| Dec 28, 2023 | Jan 12, 2024 | Dec 1, 2023 | $0.73 | normal |
| Sep 28, 2023 | Oct 10, 2023 | Sep 1, 2023 | $0.73 | normal |
| Jun 29, 2023 | Jul 10, 2023 | Jun 2, 2023 | $0.73 | normal |
| Mar 30, 2023 | Apr 10, 2023 | Mar 3, 2023 | $0.73 | normal |
| Dec 29, 2022 | Jan 12, 2023 | Dec 2, 2022 | $0.73 | normal |
| Sep 29, 2022 | Oct 11, 2022 | Sep 2, 2022 | $0.73 | normal |
| Jun 29, 2022 | Jul 11, 2022 | Jun 3, 2022 | $0.73 | normal |
| Mar 30, 2022 | Apr 11, 2022 | Feb 28, 2022 | $0.73 | normal |
| Dec 31, 2021 | Jan 14, 2022 | Dec 3, 2021 | $0.72 | normal |
| Sep 29, 2021 | Oct 11, 2021 | Aug 30, 2021 | $0.72 | normal |
| Jun 29, 2021 | Jul 12, 2021 | Jun 4, 2021 | $0.7 | normal |
| Mar 30, 2021 | Apr 12, 2021 | Mar 5, 2021 | $0.7 | normal |
| Dec 31, 2020 | Jan 15, 2021 | Dec 4, 2020 | $0.7 | normal |
| Sep 29, 2020 | Oct 9, 2020 | Sep 4, 2020 | $0.7 | normal |
| Jun 29, 2020 | Jul 10, 2020 | Jun 5, 2020 | $0.7 | normal |
| Mar 30, 2020 | Apr 9, 2020 | Mar 5, 2020 | $0.7 | normal |
| Dec 31, 2019 | Jan 15, 2020 | Dec 5, 2019 | $0.7 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Sep 5, 2019 | $0.7 | normal |
| Jun 14, 2019 | Jul 1, 2019 | Jun 5, 2019 | $0.7 | normal |
| Mar 14, 2019 | Apr 1, 2019 | Mar 5, 2019 | $0.7 | normal |
| Dec 31, 2018 | Jan 15, 2019 | Dec 5, 2018 | $0.7 | normal |
| Sep 14, 2018 | Oct 1, 2018 | Sep 5, 2018 | $0.7 | normal |
| Jun 14, 2018 | Jul 2, 2018 | Jun 5, 2018 | $0.7 | normal |
| Mar 14, 2018 | Apr 2, 2018 | Mar 5, 2018 | $0.7 | normal |
| Dec 29, 2017 | Jan 16, 2018 | Dec 5, 2017 | $0.7 | normal |
| Sep 14, 2017 | Oct 2, 2017 | Sep 5, 2017 | $0.7 | normal |
| Jun 13, 2017 | Jul 3, 2017 | Jun 7, 2017 | $0.7 | normal |
| Mar 16, 2017 | Apr 3, 2017 | Mar 7, 2017 | $0.7 | normal |
| Dec 29, 2016 | Jan 17, 2017 | Dec 12, 2016 | $0.6 | special |
| Dec 29, 2016 | Jan 17, 2017 | Dec 12, 2016 | $0.7 | normal |
| Sep 13, 2016 | Oct 3, 2016 | Sep 1, 2016 | $1.3 | normal |
Centerspace's payout ratio of 126.2% is above the industry average but below the Real Estate sector average. Compared to its Real Estate sector average of 138.1%, Centerspace's payout ratio is 9% lower.
Yes, Centerspace has paid four dividends in the last 12 months. CSR has been paying dividends since 1998.
CSR 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 June 2024.
Centerspace's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.75 per share.
CSR has paid dividend of $2.94 per share in the last year.
Currently Centerspace's dividend yield is 4.53%.
Centerspace pays dividends quarterly.
The dividend payout ratio of Centerspace is 126.2%.
Centerspace's dividend yield is less than the Real Estate sector average.