Whitestone REIT
S&P 500WSR/Real Estate · REIT - Retail/NYSE
Dividend Yield
3.89%
$0.74 · Annual Dividend
Dividend Safety Rating
WSR's dividend appears safe and well-supported. Strengths include a 44.8% ffo payout ratio & 54.3% fcf payout ratio. Areas of concern: 2.5x interest coverage & Volatile profit margin stability. 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 14 of 15 metrics
Strengths
- FFO Payout Ratio: 44.8%Dividends are well covered by funds from operations (FFO).
- Operating Margin: 31.2%Healthy operating margin provides a wide buffer.
- Gross Margin: 70.2%High gross margin signals strong pricing power.
Risks
- 5-Year Dividend CAGR: -2.1%Dividend growth has been weak or negative.
- Interest Coverage: 2.5xInterest coverage is thin relative to debt servicing.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
SafeProfitability
SafeDividend Track Record
SafeAbout Whitestone REIT
Whitestone REIT, a real estate investment trust, primarily specializes in the acquisition, ownership, and operation of community-centered retail and mixed-use properties. Its primary function is to generate income by investing in high-quality real estate assets situated in established metropolitan markets, predominantly across the Southern United States. Whitestone focuses on properties that offer everyday necessities to communities, ensuring stable, continuous visitor traffic. With a portfolio comprised of shopping centers, urban infill locations, and multi-use developments, Whitestone REIT taps into a diverse range of retail segments including grocery stores, healthcare providers, dining establishments, and fitness centers. These sectors are essential for everyday consumer needs, providing a stable revenue stream due to their role in everyday life. Operating in densely populated areas such as Texas and Arizona, Whitestone REIT plays a significant role in the market by providing real estate solutions that support local economies through job creation and community enhancement. This concentration on high-demand urban areas not only drives consumer engagement but also underpins the REIT’s reputation for stability and sustainable growth within the commercial real estate sector.
Dividend Overview
Dividend Yield
3.89%
Annual Dividend
$0.74
Frequency
Monthly
Payout Ratio
52.34%
FCF Payout Ratio
54.34%
52-Week Range
$11.43 - $19.10
Dividend History (2016–2025)
WSR annual dividend per share and yield history
Earnings & Profitability
WSR earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 17, 2026
Next Payment Date
June 29, 2026
Dividend Growth
3-Year Dividend CAGR
4.92%
5-Year Dividend CAGR
-2.09%
10-Year Dividend CAGR
N/A
3-Year Total Growth
15.51%
5-Year Total Growth
-10.00%
10-Year Total Growth
N/A
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Frequently Asked Questions
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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.