Centerspace
CSRReal Estate · Stock · quarterly payer
Forward Yield
5.40%
Annual Dividend
$3.08
Payout Ratio
655%
5-Yr Growth
1.9%
Ex-Date
Mar 30, 2026
Frequency
Quarterly
Summary
As of June 2026, Centerspace (CSR) yields 5.40% ($3.08 per share annually), with a blended fair-value estimate of $49.26 — -14% downside, so it screens as fairly valued. Dividend safety grade: C (62/100). 2 years of dividend growth.
Is CSR a good dividend stock?
Yes, with caveatsCenterspace (CSR) pays a quarterly dividend yielding 5.40% ($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 (655%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.40%
- Payout Ratio
- 655%
- 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
- $1.0B
- P/E Ratio
- 121.3
- 5-Yr Total Return
- -37%
- 52-Week Range
- $52.76 – $69.61
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
CSR Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
-8%
5 Years
-37%
52-Week Range
$52.76 – $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 $49.26 per share, versus a market price of $57.00. That implies the stock is roughly fairly priced.
Fair Value
$49.26
Current Price
$57.00
Gap
-14%
Margin of Safety
-16%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.8% discount rate (CAPM), 1.9% stage-1 growth, 2.5% terminal growth, $0.47 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 |
|---|---|---|---|
| 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 |
| Dec 29, 2022 | — | $0.7300 | regular |
Income Calculator
At $3.08 / yr per share
