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Whitestone REIT

S&P 500

WSR/Real Estate · REIT - Retail/NYSE

Dividend Yield

3.89%

$0.74 · Annual Dividend

Stock Price$18.94P/E19.7MCap985.9MLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

68/ 100Safe

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

Safe

Balance Sheet

Safe

Profitability

Safe
11.3%Caution
31.2%Very Safe
70.2%Very Safe

Dividend Track Record

Safe
9+ yrsSafe
NoneVery Safe
GrowingVery Safe

About 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

Income Calculator

WSR Dividend Calculator

Total Investment

$1,894.00

Annual Income

$73.60

Quarterly Income

$18.40

Monthly Income

$6.13

Frequently Asked Questions

What is WSR's current dividend yield?
Whitestone REIT (WSR) currently has a dividend yield of 3.89%, based on a stock price of $18.94 and an annual dividend of $0.74.
When is WSR's next dividend payment date?
WSR's next ex-dividend date is 2026-06-17 and the next payment date is 2026-06-29. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does WSR pay in dividends per year?
Whitestone REIT paid $0.54 per share in annual dividends in 2025. The dividends are paid monthly.
Has WSR been increasing its dividend?
Whitestone REIT has grown its dividend at a 5-year CAGR of -2.09%.
Is WSR's dividend safe?
Whitestone REIT has a payout ratio of 52.34%. Its free cash flow payout ratio is 54.34%. A payout ratio below 60% is generally considered sustainable.
How is WSR's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Whitestone REIT'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.