New York City REIT (NYC) Dividends

New York City REIT (NYC): $8.48

0.23 (+2.79%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

D

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Industry: REITs - Diversified

Industry

D

Ranked

#43 of 48

in industry

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, NYC's comes in at 9.81 -- better than 96.57% of other US-listed dividend issuers.
  • In terms of debt burden relative to earnings, NYC has an EBITDA to net debt ratio of 0.01, ranking above 6.51% stocks in our set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with NYC that may be suitable potential portfolio mates: APTS, IDA, CNOB, MMS and TTEC.
NYC Ex-Dividend Date
NYC Dividend Yield
0.00%
NYC Annual Dividend
$0.40
NYC Payout Ratio

NYC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$8.48$9.98 -22.62%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding New York City REIT Inc, the dividend discount model StockNews created for the company implies a negative return of 22.62%. To help understand and contextualize the model's evaluation of NYC, investors may wish to consider are:

  • In comparison to other US listed dividend yielding stocks in the Real Estate sector, the expected return of -22.62%, based on the stock's current share price and target price based on a dividend discount model, is greater than merely 12.83% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, New York City REIT Inc bears a discount rate, according to our calculations, lower than merely 12.83% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Based on dividend growth rate, NYC boasts a higher growth rate in terms of its annual cash distributed to its owners than 3.56% of the dividend issuers in our set.
  • In comparison to its fellow dividend issuing stocks in the Real Estate sector, NYC's equity discount rate is less than merely 11.23% of those stocks.


NYC Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-01-12Split
2022-04-08Dividend$0.10--
2022-01-12Dividend$0.10--
2021-10-08Dividend$0.10--
2021-07-09Dividend$0.10--
2021-04-09Dividend$0.10--
2021-01-08Dividend$0.10+104.08%
2020-10-08Dividend$0.05--
2020-08-18Split


NYC Dividends vs. Peers

NYC's dividend yield currently ranks #36 of 68 vs. its peers in the REITs - Diversified category.
Rank Symbol Name Dividend Yield
1 TCI Transcontinental Realty Investors, Inc. 0.00%
2 SBAC SBA Communications Corp. 0.00%
3 BTLCY British Land Company Plc 0.00%
4 FCE.A Forest City Realty Trust, Inc. 0.00%
5 HASI Hannon Armstrong Sustainable Infrastructure Capital, Inc. 0.00%
6 LMRK Landmark Infrastructure Partners LP - Common Units 0.00%
7 MITEY Mitsubishi Estate Co. Ltd. ADR 0.00%
8 BDN Brandywine Realty Trust 0.00%
9 AHH Armada Hoffler Properties, Inc. 0.00%
10 DBRG DigitalBridge Group Inc. 0.00%
11 HIFR InfraREIT, Inc. 0.00%
12 MORE Monogram Residential Trust, Inc. Common 0.00%
13 PSB PS Business Parks, Inc. 0.00%
14 MDRR Medalist Diversified REIT, Inc. 0.00%
15 WPC W. P. Carey Inc. 0.00%
16 CLNY Colony Capital, Inc. 0.00%
17 GLPI Gaming and Leisure Properties, Inc. 0.00%
18 AMT American Tower REIT 0.00%
19 FUR Winthrop Realty Trust 0.00%
20 JBGS JBG SMITH Properties Common Shares 0.00%
21 WSR Whitestone REIT Common Shares 0.00%
22 CORR CorEnergy Infrastructure Trust, Inc. 0.00%
23 FPI Farmland Partners Inc. 0.00%
24 GOOD Gladstone Commercial Corporation - Real Estate Investment Trust 0.00%
25 WY Weyerhaeuser Co. 0.00%
26 BPY Brookfield Property Partners L.P. - Limited Partnership Units 0.00%
27 RAS RAIT Financial Trust New of Beneficial Interest 0.00%
28 SRC Spirit Realty Capital, Inc. 0.00%
29 LADR Ladder Capital Corp 0.00%
30 LDSCY Land Securities Group PLC 0.00%
31 ARL American Realty Investors, Inc. 0.00%
32 GEO Geo Group Inc (The) REIT 0.00%
33 OLP One Liberty Properties, Inc. 0.00%
34 CTT CatchMark Timber Trust, Inc. 0.00%
35 STAR iStar Inc. 0.00%
36 NYC New York City REIT 0.00%
37 BRDG Bridge Investment Group Holdings Inc. 0.00%
38 CUZ Cousins Properties Incorporated 0.00%
39 UMH UMH Properties, Inc. 0.00%
40 WFTBF West Fraser Timber Co. Ltd. 0.00%
41 EQC Equity Commonwealth Common Shares of Beneficial Interest 0.00%
42 STOR STORE Capital Corporation 0.00%
43 PCH PotlatchDeltic Corporation 0.00%
44 STWD STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. 0.00%
45 CXW CoreCivic, Inc. 0.00%
46 ESRT Empire State Realty Trust, Inc. 0.00%
47 GNL Global Net Lease, Inc. 0.00%
48 ABR Arbor Realty Trust 0.00%
49 LXP Lexington Realty Trust 0.00%
50 PINE ALPINE INCOME PROPERTY TRUST, INC. 0.00%
51 WARFY The Wharf (Holdings) Limited 0.00%
52 OPI Office Properties Income Trust of Beneficial Interest 0.00%
53 HNGKY Hongkong Land Holdings Limited 0.00%
54 LAMR Lamar Advertising Co. 0.00%
55 IRET Investors Real Estate Trust Shares of Beneficial Interest 0.00%
56 LAND Gladstone Land Corporation 0.00%
57 GPT Gramercy Property Trust 0.00%
58 ACRE Ares Commercial Real Estate Corporation 0.00%
59 ESBA Empire State Realty OP, L.P. Series ES Operating Partnership Limited Partnership Interests 0.00%
60 CCI Crown Castle International Corp. 0.00%
61 BNL Broadstone Net Lease Inc. 0.00%
62 DIFTY Daito Trust Construction Co.,Ltd. 0.00%
63 XAN Exantas Capital Corp. 0.00%
64 ALGGY Alliance Global Group, Inc. 0.00%
65 DEA Easterly Government Properties, Inc. 0.00%
66 DEI Douglas Emmett, Inc. 0.00%
67 VER VEREIT, Inc. 0.00%
68 RWT Redwood Trust, Inc. 0.00%

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