01-31-2023
MXN/share | |
Price | 61.24 |
Dividend | 2.09 |
Earnings | 7.47 |
Cash-flow | 3.24 |
Book value | 61.24 |
Equity | 54.13 |
Prologis Property Me is part of Real Estate Investment Trusts business, which is part of Financials industry. Prologis Property Me is a company from Mexico, and his stocks are publicly traded.
Prologis Property Me stock dividend
Prologis Property Me paid a total dividend of 2,109 million MXN last year, for a market value of 61,791 millions (Market Cap 32,948 millions). Prologis Property Me dividend per share is 2.09 MXN, and his stock market price 61.24 MXN.
According to the chart below, where dividend yield is displayed, Prologis Property Me has a dividend yield of 3.42%, which is similar to the amount offered by both the market average and companies from Mexico. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Prologis Property Me stocks dividend with other Real Estate Investment Trusts companies or other of the high Mexico dividend stocks list.
Prologis Property Me Dividend Payout
About the ability of Prologis Property Me to maintain his current dividend of MXN 2.09 per share, an amount that accounts for 3.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Prologis Property Me payout on ernings is currently 27.98%, which is lower than the market average and companies of Financials industry, which are 41.20% and 45.83% respectively. Both figures lead us to believe that there is confidence that Prologis Property Mecan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Prologis Property Me is MXN 3.24 per share, which is higher than the dividend per share paid by the company of MXN 2.09, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Prologis Property Me, compared againt world market average, Mexico companies, Financials industry and Real Estate Investment Trusts sector companies.
Prologis Property Me Dividend History
Below you will find a table with the historical evolution of Prologis Property Me's dividend stock, both in percentage and in MXN, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | MXN | Paypout | Shares* |
Present | 3.42% | 2.09 | 27.98% | 1,009 |
2022 | 3.51% | 1.96 | 19.66% | 1,009 |
*In millions
Prologis Property Me Stock performance
Finally, last moth Prologis Property Me showed a return of 9.70% compared to a worldwide 5.46% average, and a 5.37% of Financials firms. Over the last year, the company obtained a 19.70% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Mexico and Real Estate Investment Trusts firms.