Cromwell Property Stapled Securities Dividend yield
What is the Dividend yield of Cromwell Property Stapled Securities?
The Dividend yield of Cromwell Property Group Stapled Securities is 7.33%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Real Estate sector on ASX compared to Cromwell Property Stapled Securities
What does Cromwell Property Stapled Securities do?
Cromwell Property Group (ASX:CMW) is a diversified real estate investor and manager with operations on three continents and a global investor base. As at 30 June 2020, Cromwell had a market capitalisation of $2.4 billion, a direct property investment portfolio valued at $3.0 billion and total assets under management of $11.5 billion across Australia, New Zealand and Europe.
Companies with dividend yield similar to Cromwell Property Stapled Securities
- Canadian Natural Resources has Dividend yield of 7.32%
- Jiangxi Bank Co has Dividend yield of 7.32%
- KT has Dividend yield of 7.33%
- Hamborner REIT AG has Dividend yield of 7.33%
- Südzucker AG has Dividend yield of 7.33%
- S-Enjoy Service Co has Dividend yield of 7.33%
- Cromwell Property Stapled Securities has Dividend yield of 7.33%
- Bank of China has Dividend yield of 7.33%
- Pennon Plc has Dividend yield of 7.33%
- Priority Income Fund has Dividend yield of 7.34%
- Agricultural Bank of China has Dividend yield of 7.34%
- Surge has Dividend yield of 7.35%
- BNP Paribas SA has Dividend yield of 7.35%