Great Ajax Corp. (AJX) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, AJX's comes in at -0.72 -- better than 79.16% of other US-listed dividend issuers.
- In terms of debt burden relative to earnings, AJX has an EBITDA to net debt ratio of 0.04, ranking above 8.3% stocks in our set.
- AJX's free cash flow has been growing at a compound average annual rate of -44.69% over the past 5.5 years -- higher than just 15.46% of current US-listed dividend stocks.
- As for stocks whose price is uncorrelated with AJX's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: IVC, TRIB, RGLD, XLNX and MOMO.
AJX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $3.44 | $57.13 | 422.68% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for AJX, the DDM model, as implemented by StockNews, implies a positive return of 422.68% relative to its current price. Digging deeper, the aspects of Great Ajax Corp's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Great Ajax Corp's dividend yield of 9.52% is in the top 3.13%.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Real Estate sector, the expected return of 422.68%, based on the stock's current share price and target price based on a dividend discount model, is greater than 87.7% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Great Ajax Corp bears a discount rate, according to our calculations, lower than 87.7% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for Great Ajax Corp than it is for 83.96% of other dividend issuers in the Real Estate sector.
AJX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-14 | Dividend | $0.10 | -9.09% |
| 2023-11-14 | Dividend | $0.11 | -45.00% |
| 2023-08-14 | Dividend | $0.20 | -- |
| 2023-05-12 | Dividend | $0.20 | -20.00% |
| 2023-03-16 | Dividend | $0.25 | -7.41% |
| 2022-11-14 | Dividend | $0.27 | -- |
| 2022-08-12 | Dividend | $0.27 | +3.85% |
| 2022-05-13 | Dividend | $0.26 | -- |
| 2022-03-17 | Dividend | $0.26 | +160.00% |
| 2022-01-07 | Dividend | $0.10 | -58.33% |
| 2021-11-12 | Dividend | $0.24 | +14.29% |
| 2021-08-16 | Dividend | $0.21 | +10.53% |
| 2021-05-19 | Dividend | $0.19 | +11.76% |
| 2021-03-17 | Dividend | $0.17 | -- |
| 2020-11-13 | Dividend | $0.17 | -- |
| 2020-08-13 | Dividend | $0.17 | -- |
| 2020-05-14 | Dividend | $0.17 | -46.88% |
| 2020-03-16 | Dividend | $0.32 | -- |
| 2019-11-14 | Dividend | $0.32 | -- |
| 2019-08-16 | Dividend | $0.32 | -- |
| 2019-05-16 | Dividend | $0.32 | -- |
| 2019-03-14 | Dividend | $0.32 | +540.00% |
| 2019-01-14 | Dividend | $0.05 | -84.38% |
| 2018-11-15 | Dividend | $0.32 | +6.67% |
| 2018-08-14 | Dividend | $0.30 | -- |
| 2018-05-14 | Dividend | $0.30 | -- |
| 2018-03-14 | Dividend | $0.30 | -- |
| 2017-11-16 | Dividend | $0.30 | -- |
| 2017-08-11 | Dividend | $0.30 | +7.14% |
| 2017-05-12 | Dividend | $0.28 | +12.00% |
| 2017-03-13 | Dividend | $0.25 | -- |
| 2016-11-14 | Dividend | $0.25 | -- |
| 2016-08-12 | Dividend | $0.25 | -- |
| 2016-05-11 | Dividend | $0.25 | +4.17% |
| 2016-03-09 | Dividend | $0.24 | -- |
| 2015-11-10 | Dividend | $0.24 | +9.09% |
| 2015-08-12 | Dividend | $0.22 | +22.22% |
| 2015-05-13 | Dividend | $0.18 | -- |
AJX Dividends vs. Peers
AJX's dividend yield currently ranks #14 of 40 vs. its peers in the REITs - Mortgage category.
Looking for More Information on AJX dividends?
Want to do more research on Great Ajax Corp's dividends? Try the links below:Great Ajax Corp Common Stock (AJX) Dividend History | Nasdaq
Dividend History for Great Ajax Corp (AJX) - Dividend Investor
Great Ajax Corp (AJX) Dividend History - Seeking Alpha