Grab Unibail-Rodamco Westfield NV (AMS:UL) Today With A Solid 5.68% Dividend Yield
Unibail-Rodamco Westfield NV (AMS:UL) is a true Dividend Rock Star. Its yield of 5.68% makes it one of the market’s top dividend payer. In the past ten years, Unibail-Rodamco has also grown its dividend from 7 to 10.8. Below, I have outlined more attractive dividend aspects for Unibail-Rodamco for income investors who may be interested in new dividend stocks for their portfolio. View out our latest analysis for Unibail-Rodamco
What Is A Dividend Rock Star?
It is a stock that pays a reliable and steady dividend over the past decade, at a rate that is competitive relative to the other dividend-paying companies on the market. More specifically:
Its annual yield is among the top 25% of dividend payers
It consistently pays out dividend without missing a payment or significantly cutting payout
Its has increased its dividend per share amount over the past
It can afford to pay the current rate of dividends from its earnings
It is able to continue to payout at the current rate in the future
High Yield And Dependable
Unibail-Rodamco currently yields 5.68%, which is on the low-side for REITs stocks. But the real reason Unibail-Rodamco stands out is because it has a high chance of being able to continue to pay dividend at this level for years to come, something that is quite desirable if you are looking to create a portfolio that generates a steady stream of income.
Reliablity is an important factor for dividend stocks, particularly for income investors who want a strong track record of payment and a positive outlook for future payout. In the case of UL it has increased its DPS from €7 to €10.8 in the past 10 years. It has also been paying out dividend consistently during this time, as you’d expect for a company increasing its dividend levels. These are all positive signs of a great, reliable dividend stock.
Unibail-Rodamco has a trailing twelve-month payout ratio of 44.16%, which is rather low compared to other REITs. Generally, REITs are expected to pay out the majority of its earnings to provide a regular income stream for their investors. In the near future, analysts are predicting a higher payout ratio of 97.33%, leading to a dividend yield of 6.34%.
Next Steps:
There aren’t many other stocks out there with the same track record as Unibail-Rodamco, so I would certainly recommend further examining the stock if its dividend characteristics appeal to you. However, given this is purely a dividend analysis, I recommend taking sufficient time to understand its core business and determine whether the company and its investment properties suit your overall goals. There are three important aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for UL’s future growth? Take a look at our free research report of analyst consensus for UL’s outlook.
Valuation: What is UL worth today? Even if the stock is a cash cow, it’s not worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether UL is currently mispriced by the market.
Other Dividend Rockstars: Are there strong dividend payers with better fundamentals out there? Check out our free list of these great stocks here.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
