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Centerspace Inc. (CSR) logo

Centerspace Inc.

S&P 500

CSR/Real Estate · REIT - Residential/NYSE

Dividend Yield

5.57%

$3.08 · Annual Dividend

Stock Price$56.75P/E118.4MCap980.8MLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

50/ 100Caution

CSR's dividend shows some areas that warrant monitoring. Strengths include a 57.4% ffo payout ratio & 55.0% fcf payout ratio. Areas of concern: 1.5x interest coverage & 52.3% net debt / total assets. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 15 of 15 metrics

Strengths

  • FFO Payout Ratio: 57.4%Dividends are well covered by funds from operations (FFO).
  • Gross Margin: 57.0%High gross margin signals strong pricing power.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Current Ratio: 0.3xLimited short-term liquidity to meet obligations.
  • Return on Equity: 1.4%Return on equity is below industry norms.
  • Profit Margin Stability: UnstableProfit margins have been volatile.

Payout & Coverage

Safe

Balance Sheet

Warning

Profitability

Warning
6.6%Warning
57.0%Very Safe

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
UnstableDanger

About Centerspace Inc.

Centerspace Inc. is a real estate investment trust (REIT) specializing in the ownership, management, acquisition, and development of multifamily housing communities. With a focus on generating stable rental income, the company is integral to the residential real estate market, primarily targeting midwestern and upper-midwestern United States. Centerspace Inc. operates a diverse portfolio of apartments and housing properties, emphasizing sustainability, tenant satisfaction, and community engagement. By investing in high-demand urban areas, the trust plays a vital role in providing housing solutions and contributing to local economies. In the broader financial landscape, Centerspace Inc. offers investors exposure to the residential property sector, delivering potential income through dividends typical of REITs while maintaining a strategic focus on geographic and demographic market trends.

Dividend Overview

Dividend Yield

5.57%

Annual Dividend

$3.08

Frequency

Quarterly

Payout Ratio

655.32%

FCF Payout Ratio

54.97%

52-Week Range

$52.76 - $69.61

Dividend History (2016–2025)

CSR annual dividend per share and yield history

Earnings & Profitability

CSR earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 30, 2026

Next Payment Date

July 14, 2026

Dividend Growth

3-Year Dividend CAGR

1.79%

5-Year Dividend CAGR

1.92%

10-Year Dividend CAGR

-5.10%

3-Year Total Growth

5.48%

5-Year Total Growth

10.00%

10-Year Total Growth

-40.77%

Income Calculator

CSR Dividend Calculator

Total Investment

$5,675.00

Annual Income

$308.00

Quarterly Income

$77.00

Monthly Income

$25.67

Frequently Asked Questions

What is CSR's current dividend yield?
Centerspace Inc. (CSR) currently has a dividend yield of 5.57%, based on a stock price of $56.75 and an annual dividend of $3.08.
When is CSR's next dividend payment date?
CSR's next ex-dividend date is 2026-03-30 and the next payment date is 2026-07-14. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CSR pay in dividends per year?
Centerspace Inc. paid $3.08 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CSR been increasing its dividend?
Centerspace Inc. has grown its dividend at a 5-year CAGR of 1.92% and a 10-year CAGR of -5.10%.
Is CSR's dividend safe?
Centerspace Inc. has a payout ratio of 655.32%. Its free cash flow payout ratio is 54.97%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is CSR's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Centerspace Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.