SRU-UN Dividend History & Analysis | 6.7% Yield

SRU-UN has a dividend yield of 6.7% and paid 1.85 CAD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.70%
Payout Ratio 72.7%
Growth Rate CAGR 5y -
Consistency Lifetime 89.2%
Yield on Cost 5y 8.4%
Payout FCF 68.6%
Streak Years 5
Dividend Rating 52.4%
Chowder Number yield + growth 6.7% below 12% target for healthy growth
Yield vs Average 5y +4% avg 6.44% vs now 6.70%
Debt / EBITDA leverage 14.1x elevated
Income per 10k invested 670 CAD per year
Dividends Cash Amount per Share Yearly SRU-UN annual dividends paid per share, showing the total cash SmartCentres Real Estate distributed to shareholders each year.
Dividend Growth Year over Year SRU-UN year-over-year dividend growth rate, showing how SmartCentres Real Estate's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History SRU-UN dividend yield history versus share price over the past 5 years, showing how SmartCentres Real Estate's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Retail REITs

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MERY PA
Mercialys		 983 M 8.64% 17.89%
CHP-UN TO
Choice Properties Real		 7,712 M 9.89% 13.74%
ALX NYSE
Alexanders		 1,269 M 7.42% 9.67%
LI PA
Klepierre		 11,231 M 5.50% 12.62%
SRU-UN TO
SmartCentres Real Estate		 3,815 M 6.70% 8.40%
GTY NYSE
Getty Realty		 1,762 M 6.43% 8.00%
CRT-UN TO
CT Real Estate Investment		 3,006 M 5.60% 7.28%
PMZ-UN TO
Primaris Retail R.E.		 2,223 M 4.62% 9.15%
NNN NYSE
NNN REIT		 7,996 M 5.66% 7.00%
J69U SG
Frasers Centrepoint Trust		 3,477 M 5.68% 6.92%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
URW PA
Unibail-Rodamco-Westfield		 14,815 M 34.10% 100.0%
KRG NYSE
Kite Realty Trust		 5,136 M 11.09% 100.0%
SKT NYSE
Tanger Factory Outlet		 4,356 M 10.45% 100.0%
SPG NYSE
Simon Property		 80,495 M 7.21% 100.0%
BRX NYSE
Brixmor Property		 8,810 M 6.06% 100.0%
UE NYSE
Urban Edge Properties		 2,710 M 6.92% 99.2%
IVT NYSE
Inventrust Properties		 2,346 M 4.95% 100.0%
PECO NASDAQ
Phillips Edison		 5,402 M 4.87% 91.7%
REG NASDAQ
Regency Centers		 13,887 M 4.63% 100.0%
GTY NYSE
Getty Realty		 1,762 M 4.36% 100.0%

SRU-UN Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan 0.58% 100
Feb 0.57% 100
Mar 0.58% 100
Apr 0.58% 100
May 0.59% 100
Jun 0.60% 100
Jul 0.58% 100
Aug 0.58% 100
Sep 0.60% 100
Oct 0.63% 89
Nov 0.58% 100
Dec 0.58% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 50 Payments (CAD) as of November 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-10-30 2026-10-30 2026-11-16 Monthly 0.1542 +0.1% 0.57%
2026-09-29 2026-09-30 2026-10-15 Monthly 0.154 0% 0.58%
2026-08-31 2026-08-31 2026-09-15 Monthly 0.154 0% 0.56%
2026-07-31 2026-07-31 2026-08-17 Monthly 0.154 0% 0.52%
2026-06-30 2026-06-30 2026-07-15 Monthly 0.154 0% 0.5%
2026-05-29 2026-05-29 2026-06-15 Monthly 0.154 0% 0.53%
2026-04-30 2026-04-30 2026-05-15 Monthly 0.154 0% 0.55%
2026-03-31 2026-03-31 2026-04-15 Monthly 0.154 0% 0.58%
2026-02-27 2026-02-27 2026-03-16 Monthly 0.154 0% 0.55%
2026-01-30 2026-01-30 2026-02-17 Monthly 0.154 0% 0.58%
2025-12-31 2025-12-31 2026-01-15 Monthly 0.154 0% 0.6%
2025-11-28 2025-11-28 2025-12-15 Monthly 0.154 0% 0.59%
2025-10-31 2025-10-31 2025-11-17 Monthly 0.154 0% 0.58%
2025-09-29 2025-09-30 2025-10-15 Monthly 0.154 0% 0.58%
2025-08-29 2025-08-29 2025-09-15 Monthly 0.154 0% 0.57%
2025-07-31 2025-07-31 2025-08-15 Monthly 0.154 0% 0.6%
2025-06-30 2025-06-30 2025-07-15 Monthly 0.154 0% 0.61%
2025-05-30 2025-05-30 2025-06-16 Monthly 0.154 0% 0.6%
2025-04-30 2025-04-30 2025-05-15 Monthly 0.154 0% 0.61%
2025-03-31 2025-03-31 2025-04-15 Monthly 0.154 0% 0.61%
2025-02-28 2025-02-28 2025-03-17 Monthly 0.154 0% 0.6%
2025-01-31 2025-01-31 2025-02-18 Monthly 0.154 0% 0.63%
2024-12-31 2024-12-31 2025-01-15 Monthly 0.154 0% 0.63%
2024-11-29 2024-11-29 2024-12-16 Monthly 0.154 0% 0.6%
2024-10-31 2024-10-31 2024-11-15 Monthly 0.154 0% 0.61%
2024-09-27 2024-09-30 2024-10-15 Monthly 0.154 0% 0.57%
2024-08-30 2024-08-30 2024-09-16 Monthly 0.154 0% 0.6%
2024-07-31 2024-07-31 2024-08-15 Monthly 0.154 0% 0.64%
2024-06-28 2024-06-28 2024-07-15 Monthly 0.154 0% 0.7%
2024-05-31 2024-05-31 2024-06-17 Monthly 0.154 0% 0.7%
2024-04-29 2024-04-30 2024-05-15 Monthly 0.154 0% 0.69%
2024-03-27 2024-03-28 2024-04-15 Monthly 0.154 0% 0.68%
2024-02-28 2024-02-29 2024-03-15 Monthly 0.154 0% 0.65%
2024-01-30 2024-01-31 2024-02-15 Monthly 0.154 0% 0.63%
2023-12-28 2023-12-29 2024-01-15 Monthly 0.154 0% 0.63%
2023-11-29 2023-11-30 2023-12-15 Monthly 0.154 0% 0.67%
2023-10-30 2023-10-31 2023-11-15 Monthly 0.154 0% 0.75%
2023-09-28 2023-09-29 2023-10-16 Monthly 0.154 0% 0.68%
2023-08-30 2023-08-31 2023-09-15 Monthly 0.154 0% 0.62%
2023-07-28 2023-07-31 2023-08-15 Monthly 0.154 0% 0.62%
2023-06-29 2023-06-30 2023-07-17 Monthly 0.154 0% 0.65%
2023-05-30 2023-05-31 2023-06-15 Monthly 0.154 0% 0.6%
2023-04-27 2023-04-28 2023-05-15 Monthly 0.154 0% 0.59%
2023-03-30 2023-03-31 2023-04-17 Monthly 0.154 0% 0.58%
2023-02-27 2023-02-28 2023-03-15 Monthly 0.154 0% 0.56%
2023-01-30 2023-01-31 2023-02-15 Monthly 0.154 0% 0.55%
2022-12-29 2022-12-30 2023-01-16 Monthly 0.154 0% 0.59%
2022-11-29 2022-11-30 2022-12-15 Monthly 0.154 0% 0.57%
2022-10-28 2022-10-31 2022-11-15 Monthly 0.154 0% 0.57%
2022-09-28 2022-09-30 2022-10-17 Monthly 0.154 0% 0.61%

SRU-UN Dividend FAQ

What is the Dividend Yield of SRU-UN?

As of November 2026, SRU-UN's dividend yield is 6.70%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.85 CAD by the current share price of 27.00.

Does SRU-UN pay a dividend?

As of November 2026, SRU-UN paid a dividend of 1.85 CAD in the last 12 months. The last dividend was paid on 2026-10-30 and the payout was 0.15417 CAD.

How often does SRU-UN pay dividends?

SRU-UN pays dividends monthly. Over the last 12 months, SRU-UN has issued 12 dividend payments. The last dividend payment was made on 2026-10-30.

SRU-UN dividend forecast

Based on historical data, the forecasted dividends per share for SRU-UN for the next payments are between 0.154 (-0.1%) and 0.155 (+0.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 6.87%.

Will SRU-UN pay dividends in 2026?

The latest dividend paid per share was 0.15417 CAD with an Ex-Dividend Date of 2026-10-30. The next Ex-Dividend date for SmartCentres Real Estate (SRU-UN) is currently unknown.

What is the next Ex-Dividend Date for SRU-UN?

The next Ex-Dividend date for SmartCentres Real Estate (SRU-UN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SRU-UN?

SRU-UN's average dividend growth rate over the past 5 years is 0.00% per year.

What is the Yield on Cost of SRU-UN?

SRU-UN's 5-Year Yield on Cost is 8.40%. If you bought SRU-UN's shares at 21.99 CAD five years ago, your current annual dividend income (1.85 CAD per share, trailing 12 months) equals 8.40% of your original purchase price.

What is the Payout Consistency of SRU-UN?

SRU-UN Payout Consistency is 89.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: SmartCentres Real Estate has a good track record of consistent dividend payments over its lifetime.

Does SRU-UN have a good Dividend Yield?

SRU-UN's 6.70% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of SRU-UN?

The Dividend Payout Ratio of SRU-UN is 72.7%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of SRU-UN?

SRU-UN's Overall Dividend Rating is 52.40%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SRU-UN Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in SRU-UN's Outstanding Shares?

SmartCentres Real Estate's outstanding shares have increased by approximately 0.03% annually over the past 3 years (Trend Reliability: -14.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has SRU-UN ever had a Stock Split?

Yes, the last stock split was on Feb 18, 2002 with a ratio of 1:2. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1999 388,100 0%
2000 467,500 +20.46%
2001 467,500 0%
2002 485,900 +3.94%
2003 16,750,900 +3347.4%
2004 34,138,000 +103.8%
2005 69,946,100 +104.89%
2006 90,431,600 +29.29%
2007 92,426,400 +2.21%
2008 95,499,500 +3.32%
2009 101,773,300 +6.57%
2010 114,075,700 +12.09%
2011 124,214,000 +8.89%
2012 132,305,000 +6.51%
2013 134,605,900 +1.74%
2014 136,428,700 +1.35%
2015 154,004,200 +12.88%
2016 155,509,600 +0.98%
2017 158,086,900 +1.66%
2018 167,520,100 +5.97%
2019 169,765,300 +1.34%
2020 170,119,900 +0.21%
2021 170,187,500 +0.04%
2022 179,696,900 +5.59%
2023 180,086,700 +0.22%
2024 181,186,400 +0.61%
2025 182,234,500 +0.58%
2026 178,326,000 -2.14%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-11-01 02:05 UTC