Dividend Overview
Dividend Yield
4.30%
Dividend / Share
$4.33
Camden Property Trust
Exchange: NYSESector: Real EstateIndustry: REIT - Residential
Camden Property Trust is a real estate investment trust. The Company is engaged in ownership, management, development, acquisition, and construction of multi-family apartment communities. As each of its communities has similar economic characteristics, residents, amenities and services, its operations have been aggregated into one segment. In April 2011, it sold one of its land parcels to one of the Funds. In June 2011, it sold another land parcel to the Fund. In August 2011, it acquired 30.1 acres of land located in Atlanta, Georgia. In December 2011, it acquired 2.2 acres of land in Glendale, California. During the year ended December 31, 2011, it sold two properties consisting of 788 units located in Dallas, Texas. During 2011, the Funds acquired 18 multifamily properties totaling 6,076 units located in the Houston, Dallas, Austin, San Antonio, Tampa and Atlanta. In January 2012, one of the Funds acquired one multifamily property consisted of 350 units located in Raleigh.
Did you know?
Pays a 4.30% dividend yield.
Current Price
$100.76
+2.53%GoodMoat Value
$88.53
12.1% overvaluedProfile
Valuation (TTM)
Market Cap$10.72B
P/E27.88
EV$14.31B
P/B2.46
Shares Out106.40M
P/Sales6.68
Revenue$1.61B
EV/EBITDA12.82
Camden Property Trust (CPT) Dividends
GoodMoat Analysis
Camden Property Trust's dividend profile is stable but offers limited growth potential. The 4.45% yield is attractive relative to the sector, and the payout appears sustainable given the company's solid balance sheet and positive free cash flow. However, the low FCF yield and modest revenue growth suggest the dividend's future growth may be constrained.
Read full analysis
For an income-focused investor, Camden Property Trust presents a mixed picture. The current dividend yield of 4.45% is favourable compared to many residential REITs and the broader market, providing a solid income stream. The dividend's sustainability is supported by a reasonable payout ratio, as the company's funds from operations (a key REIT profitability metric) comfortably covers the distribution. Assessing the dividend through the lens of the GoodMoat Quality Indicators, the balance sheet is a strength with a Debt/Equity ratio of 0.89, which is below the framework's cautionary threshold of 1.0x Debt/EBITDA, indicating manageable leverage. Free Cash Flow generation, however, is less robust. The FCF Yield of 3.2% is only marginally above the dividend yield, indicating limited excess cash flow after the payout. This aligns with the modest 2.2% YoY revenue growth, suggesting the company's capacity for significant dividend increases is currently constrained. The dividend has a history of growth, but future hikes will likely be modest and tied to organic rent growth and operational efficiency, rather than explosive expansion. The profile is one of a reliable, sustainable income source from a quality operator, but not a high-growth dividend story. Analysis based on data as of 2024-05-15.
Key Metrics
Market Cap
$10.72B
P/E Ratio
27.88
Forward P/E
—
EPS
$3.54
PEG Ratio
0.10
Book Value
$41.00
Dividend Yield
4.30%
Profit Margin
23.94%
ROE
8.81%
Dividend History
Dividend Safety
CPT Dividend Analysis
Camden Property Trust (CPT) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 4.30%. The annual dividend per share is $4.33.
P/E ratio: 27.88. Profit margin: 23.94%. Free cash flow: $332.90M. This page shows Camden Property Trust's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.
GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Camden Property Trust's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.