Dividend Growth of Ramco-Gershenson Properties Trust(RPT)

Ramco-Gershenson Properties Trust(RPT) is having a Dividend Yield of 5.48% with the Annual cash Dividend per share of $0.86. The last quarter cash dividend per share pay out was $0.22. Ramco-Gershenson Properties Trust has a 5 year average dividend yield of 4.76% and the stock has a Indicated annual dividend of $0.88. Ramco-Gershenson Properties Trust(RPT) formally announced its most recent dividend on December 6, 2016 with a Dividend per share of $0.22. The new indicated annual dividend based on announced dividend per share is $0.88. The dividend yield based on the forward looking indicated annual dividend is 5.48%. Ramco-Gershenson Properties Trust(RPT) has the most recent dividend payout ratio of 0.64 with a 5-year average payout ratio of 0.63. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01. The 5 year historical dividend growth of Ramco-Gershenson Properties Trust(RPT) is at the rate of 7.12% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Ramco-Gershenson Properties Trust (NYSE:RPT) rose 0.5% or 0.08 points on Thursday and made its way into the gainers of the day. After trading began at $16 the stock was seen hitting $16.205 as a peak level and $16 as the lowest level. The stock ended up at $16.13. The daily volume was measured at 546,719 shares. The 52-week high of the share price is $20.24 and the 52-week low is $15.86. The company has a market cap of $1,279 million. Ramco-Gershenson Properties Trust has lost 0.86% in the last five trading days and dropped 1.95% in the last 4 weeks. Ramco-Gershenson Properties Trust has dropped 4.91% during the last 3-month period . Year-to-Date the stock performance stands at -2.71%.

Currently the company Insiders own 3.72% of Ramco-Gershenson Properties Trust shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Nov 8, 2016, Geoffrey Bedrosian (CFO) purchased 1,000 shares at 16.21 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ramco-Gershenson Properties Trust was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 17 from a previous price target of $21 .

Ramco-Gershenson Properties Trust Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.34 EPS for the quarter. Analyst had a consensus estimate of $0.34. The company had revenue of $64.08 million for the quarter, compared to analysts expectations of $64.81 million. During the same quarter in the previous year, the company posted $0.36 EPS.

Ramco-Gershenson Properties Trust is engaged in the business of owning, developing, acquiring, managing and leasing community shopping centers, regional malls and single tenant retail properties, nationally.


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