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GMRE Global Medical REIT dividend history, payout ratio & dates

Global Medical REIT's most recent quarterly dividend of $0.21 per share was on Dec 21, 2022 (ex-date). At an annualized rate of $0.84 per share, the stock yields 9.43%.

Key dates

  • GMRE last dividend date: Dec 21, 2022
  • GMRE next dividend date: Not announced
GMRE dividend stats
DPS
$0.84
Dividend yield
9.43%
Payout ratio
420%
vs. Real Estate sector
Dividend yield
7.32%
Payout ratio
113.2%

Dividend yield

What is Global Medical REIT current dividend yield

Global Medical REIT's dividend yield of 9.43% is above the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 7.32%, Global Medical REIT's dividend yield is 29% higher. Historically GMRE's dividend yield has averaged at 7.4% in the last 5 years, which is less than the current yield.

Dividend history

What is GMRE dividend payout history and dates

Global Medical REIT has a history of paying dividends since 2016. Our records of GMRE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.4% for the last year. And since the stock price has gone down by 45% from a year ago, the dividend yield has increased by 86%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 21, 2022 Jan 9, 2023 Dec 7, 2022 $0.21 normal
Sep 22, 2022 Oct 11, 2022 Sep 9, 2022 $0.21 normal
Jun 23, 2022 Jul 8, 2022 Jun 10, 2022 $0.21 normal
Mar 24, 2022 Apr 8, 2022 Mar 11, 2022 $0.21 normal
Dec 23, 2021 Jan 10, 2022 $0.205 normal
Sep 23, 2021 Oct 8, 2021 Sep 10, 2021 $0.205 normal
Jun 23, 2021 Jul 8, 2021 Jun 10, 2021 $0.205 normal
Mar 23, 2021 Apr 8, 2021 Mar 2, 2021 $0.205 normal
Dec 24, 2020 Jan 11, 2021 Dec 16, 2020 $0.2 normal
Sep 23, 2020 Oct 8, 2020 Sep 3, 2020 $0.2 normal
Jun 24, 2020 Jul 9, 2020 Jun 12, 2020 $0.2 normal
Mar 24, 2020 Apr 9, 2020 Mar 3, 2020 $0.2 normal
Dec 24, 2019 Jan 9, 2020 Dec 13, 2019 $0.2 normal
Sep 24, 2019 Oct 10, 2019 Sep 13, 2019 $0.2 normal
Jun 25, 2019 Jul 11, 2019 Jun 24, 2019 $0.2 normal
Mar 25, 2019 Apr 10, 2019 Mar 5, 2019 $0.2 normal
Dec 24, 2018 Jan 10, 2019 Dec 13, 2018 $0.2 normal
Sep 19, 2018 Oct 10, 2018 Sep 10, 2018 $0.2 normal
Jun 25, 2018 Jul 11, 2018 Jun 15, 2018 $0.2 normal
Mar 21, 2018 Apr 10, 2018 Mar 7, 2018 $0.2 normal
Dec 22, 2017 Jan 10, 2018 Dec 15, 2017 $0.2 normal
Sep 25, 2017 Oct 9, 2017 Sep 8, 2017 $0.2 normal
Jun 23, 2017 Jul 10, 2017 Jun 16, 2017 $0.2 normal
Mar 23, 2017 Apr 10, 2017 Mar 20, 2017 $0.2 normal
Dec 22, 2016 Jan 10, 2017 Dec 14, 2016 $0.2 normal
Sep 23, 2016 Oct 11, 2016 Sep 14, 2016 $0.2 normal

Global Medical REIT dividend payout ratio

What is Global Medical REIT dividend payout ratio compared to the sector

Payout ratio

Global Medical REIT's payout ratio of 420% is above the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 113.2%, Global Medical REIT's payout ratio is 271% higher.

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

Frequently asked questions

Does Global Medical REIT pay a dividend?

Yes, Global Medical REIT has been paying dividends for the last seven years.

When is Global Medical REIT's next dividend?

Currently GMRE's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.

When was GMRE's last dividend?

Global Medical REIT's last dividend ex-date was on Dec 21, 2022. The dividend amount was $0.21 per share.

How much dividend does Global Medical REIT pay (per share)?

GMRE's annualized dividend per share is $0.84.

What is Global Medical REIT's dividend yield?

Currently Global Medical REIT's dividend yield is 9.43%.

How often does Global Medical REIT pay dividends?

Global Medical REIT pays dividends quarterly.

What is Global Medical REIT's dividend payout ratio?

The dividend payout ratio of Global Medical REIT is 420%.

Does Global Medical REIT pay a good dividend?

Global Medical REIT's dividend yield is more than the Real Estate sector average.