Centerspace
CSRReal Estate · Stock · quarterly payer
Forward Yield
5.84%
Annual Dividend
$3.08
Payout Ratio
180%
5-Yr Growth
1.9%
Ex-Date
Mar 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Centerspace (CSR) yields 5.84% ($3.08 per share annually), with a blended fair-value estimate of $49.46 — -6% downside, so it screens as fairly valued. Dividend safety grade: C (59/100). 2 years of dividend growth.
Is CSR a good dividend stock?
Yes, with caveatsCenterspace (CSR) pays a quarterly dividend yielding 5.84% ($3.08/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2017
- Elevated payout ratio (180%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.84%
- Payout Ratio
- 180%
- Annual Dividend
- $3.08
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Mar 30, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.89
- Market Cap
- $927.0M
- P/E Ratio
- 41.3
- 5-Yr Total Return
- -44%
- 52-Week Range
- $52.43 – $69.61
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
CSR Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
-13%
5 Years
-44%
52-Week Range
$52.43 – $69.61
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CSR worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Centerspace is $49.46 per share, versus a market price of $52.48. That implies the stock is roughly fairly priced.
Fair Value
$49.46
Current Price
$52.48
Gap
-6%
Margin of Safety
-6%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.7% discount rate (CAPM), 1.9% stage-1 growth, 2.5% terminal growth, $1.28 EPS, $3.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CSR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 29, 2026 | — | $0.7700 | regular |
| Mar 30, 2026 | — | $0.7700 | regular |
| Dec 30, 2025 | — | $0.7700 | regular |
| Sep 29, 2025 | — | $0.7700 | regular |
| Jun 27, 2025 | — | $0.7700 | regular |
| Mar 28, 2025 | — | $0.7700 | regular |
| Dec 30, 2024 | — | $0.7500 | regular |
| Sep 30, 2024 | — | $0.7500 | regular |
| Jun 28, 2024 | — | $0.7500 | regular |
| Mar 27, 2024 | — | $0.7500 | regular |
| Dec 28, 2023 | — | $0.7300 | regular |
| Sep 28, 2023 | — | $0.7300 | regular |
| Jun 29, 2023 | — | $0.7300 | regular |
| Mar 30, 2023 | — | $0.7300 | regular |
Income Calculator
At $3.08 / yr per share
