Camden Property Trust (NYSE:CPT – Get Free Report) announced a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Wednesday, December 17th will be paid a dividend of 1.05 per share by the real estate investment trust on Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, December 17th.
Camden Property Trust has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. Camden Property Trust has a dividend payout ratio of 271.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Camden Property Trust to earn $7.07 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 59.4%.
Camden Property Trust Stock Performance
Shares of CPT stock opened at $104.48 on Friday. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 42.30, a P/E/G ratio of 3.51 and a beta of 0.82. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. The stock’s fifty day simple moving average is $103.30 and its 200-day simple moving average is $109.03.
About Camden Property Trust
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.
Read More
- Five stocks we like better than Camden Property Trust
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Could Ross Stores Stock Hit $200 by Christmas? Here Are 3 Reasons Analysts Think So
- How to Evaluate a Stock Before BuyingÂ
- The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF
Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.
