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nvestors looking to buy Aquaticus Real Estate AB (NGM:AQUAT) for its dividend should act quickly, as the stock is about to trade ex-dividend. The ex-dividend date is typically one business day before the record date, which determines shareholders eligible for a dividend payment. Any trades on or after December 27th will not receive the upcoming dividend of kr01.00 per share, paid on January 3rd.

    Aquaticus Real Estate's trailing yield is 6.5% based on its current share price of kr062.00 and last year's total dividend payout of kr4.00 per share. However, investors should assess whether the company's dividend is reliable and sustainable by checking if it has grown over time or might be cut.

    A company's ability to pay dividends depends on its earnings. Aquaticus Real Estate lost money last year, making its dividend unsustainable in its current form. The company paid out only 32% of its free cash flow in the past year, which is a relatively low percentage and suggests that it can cover the dividend payment.

    Unfortunately, Aquaticus Real Estate's earnings have been declining over the last three years, and its dividend payments are effectively flat compared to two years ago. This could be a sign that the company is paying out a larger percentage of its earnings, which may become unsustainable if earnings continue to fall.

    Considering these factors, we would advise caution when it comes to Aquaticus Real Estate's dividend payments. While the company has managed to cover its dividend with free cash flow, its lack of profitability and declining earnings make its dividend characteristics concerning. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.