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%.
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.
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%.
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'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.
Yes, Global Medical REIT has been paying dividends for the last seven years.
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.
Global Medical REIT's last dividend ex-date was on Dec 21, 2022. The dividend amount was $0.21 per share.
GMRE's annualized dividend per share is $0.84.
Currently Global Medical REIT's dividend yield is 9.43%.
Global Medical REIT pays dividends quarterly.
The dividend payout ratio of Global Medical REIT is 420%.
Global Medical REIT's dividend yield is more than the Real Estate sector average.