Upcoming Irish Residential Properties REIT dividend
Change(%)
0.00%
No change
Next payment 0.02€
Next payment date Mar 28, 2024
Last payment 0.02€
Last payment date Sep 1, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 3/7/24
Confirmed

Holders of Irish Residential Properties REIT (IRES) can expect to receive 0,02 euros per share in dividends on March 28, 2024, yielding 2.02%.

To qualify for dividends from Irish Residential Properties REIT, buy before March 7, 2024. March 8, 2024 is the final day to be on the shareholder registry.

Irish Residential Properties REIT rewarded its shareholders with a dividend of 0.02 euros on September 1, 2023.

Irish Residential Properties REIT plc, listed on major stock exchanges in the United Kingdom, the United States, Ireland and Germany, using the IRES nomenclature, has paid dividends to its investors since 2015, continuously and steadily to the present day.

The amount is delivered in two installments per year, generally in March and October, reaching a yield of approximately 5.81%.

Payout Ratio Irish Residential Properties REIT Dividends

Irish Residential Properties REIT paid 5% of its net income in the last fiscal period as dividends.
Irish Residential Properties REIT's earnings (87,854,000.00€) are sufficient to cover the dividend payment. This payment represents 5% of the total net profit of IRES.
Dividend payout ratio
Payout Ratio

Dividend calendar of Irish Residential Properties REIT

These are the most important events of the Irish Residential Properties REIT calendar in 2024:

Event Day
Last trading date March 6, 2024
Ex-Dividend (Ex-Date) March 7, 2024
Record date March 8, 2024
Date of payment March 28, 2024
Data confirmed by the company Irish Residential Properties REIT (IRES).
Confirmed
Source
Historical annual dividend yields of Irish Residential Properties REIT
Over the past 5 years, Irish Residential Properties REIT has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Irish Residential Properties REIT vs. the sector
Irish Residential Properties REIT's dividend yield (4.48%) is above the sector average (2.48%).
Comparison with industry average
Irish Residential Properties REIT's dividend yield is among the top 25% (2.48%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Irish Residential Properties REIT
Over the past 5 years, Irish Residential Properties REIT has not consistently distributed dividends.
Dividend stability

Dividend history of Irish Residential Properties REIT

In this table you can see the complete history:

YearEx-DividendAmountTotal
2022
08/18/2022
03/03/2022
0.023 €
0.0308 €
0.0538 €
2021
08/19/2021
03/25/2021
0.0291 €
0.0322 €
0.0613 €
2020
08/20/2020
02/27/2020
0.0275 €
0.031 €
0.0585 €
2019
03/07/2019
0.03 €
0.03 €
2018
03/01/2018
0.027 €
0.027 €
2017
03/02/2017
0.049 €
0.049 €
2016
02/18/2016
0.0315 €
0.0315 €
2015
08/20/2015
02/19/2015
0.002 €
0.0048 €
0.0068 €
Irish Residential Properties REIT dividend capture strategy
Step 1: Buy Irish Residential Properties REIT shares (IRES) one day before ex-dividend date
Date of purchase Mar 6, 2024
Next ex-dividend date Mar 7, 2024
Step 2: Sell Irish Residential Properties REIT shares (IRES) when the price recovers.
Date of sale (estimated) Mar 13, 2024
Average price recovery 6 days
Average return on cost 2.01%
The dividend capture strategy is based on historical Irish Residential Properties REIT data. Past performance is no guarantee of future results.

Information about Irish Residential Properties REIT

Full name Irish Residential Properties REIT Plc
Ticker IRES
Sector Real Estate
Industry REIT - Residential
Market Capitalization 526.40 €
ISIN IE00BJ34P519
Number of Employees 95
Description of the company

Irish Residential Properties REIT plc, also known as IRES, is a company in the real estate industry, specializing in the rental of residential units, being considered the largest landlord in Ireland, with almost 4,000 properties located in Cork and Dublin, they invest in quality housing, are widely recognized for their quality services and their sustainability policies.

Among their activities are the purchase, management, development and maintenance of rental accommodations or commercial premises owned by them, as well as the acquisition of secured debt with the intention of obtaining title to real estate. They also evaluate development opportunities, complete constructions of interest to them, assessing the risks and expected returns, and even acquire portfolios outside their core business.

The group's portfolio has no limits in its proportion and can be managed through various structures, focusing one of its main objectives on generating sustainable dividends, considering the following criteria in its investments:

  • Select residential properties in affordable, luxury or mid-tier sectors located in metropolitan areas of Ireland.
  • Selecting ancillary commercial properties in urban centers.
  • Evaluate the possibilities of increasing the value of the assets.
  • Create opportunities for community involvement.
  • Consider construction quality, growth potential, market conditions, among others.
  • Evaluate competence.

Frequently asked questions about Irish Residential Properties REIT dividends

Irish Residential Properties REIT is listed on the Euronext Dublin and is part of the ISEQ 20.

Irish Residential Properties REIT has the Ticker or stock code IRES.

The CEO of Irish Residential Properties REIT in 2024 is Ms. Margaret Sweeney.

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