Centerspace

CSR

Real Estate · REIT - Residential · Stock · quarterly payer

$56.04

Fairly valued · -11% Add to Portfolio

Forward Yield

5.50%

Annual Dividend

$3.08

Payout Ratio

183%

5-Yr Growth

1.9%

Ex-Date

Sep 29, 2026

Frequency

Quarterly

Key facts about CSR's dividend

Data as of Oct 19, 2026 · Source: SmarterDividends data

As of Oct 19, 2026, Centerspace (CSR) has a forward dividend yield of 5.50%, based on an annual dividend of $3.08 per share and a share price of $56.04.
As of Oct 19, 2026, CSR's dividend safety grade from SmarterDividends is C (64 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, Centerspace (CSR) has raised its dividend for 2 consecutive years as of Oct 19, 2026.
CSR last cut its regular dividend in 2017.
CSR's most recent ex-dividend date was Sep 29, 2026, for a dividend of $0.77 per share.
As of Oct 19, 2026, CSR pays out 183% of its trailing 12-month earnings as dividends (its payout ratio).
CSR's dividend has grown at an average rate of 1.9% a year over the past five years.
As of Oct 19, 2026, CSR's 5.50% yield is 28% above its five-year average yield of 4.28%.
As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for CSR is $49.74 per share, 11% below the $56.04 share price, so CSR screens as fairly valued.
Centerspace (CSR) pays its dividend quarterly, 4 times a year.
Centerspace (CSR) has raised its regular dividend 37 times and cut it 2 times across the 114 payments on record since 1997. Its most recent change was a 2.7% increase to $0.770 per share, going ex-dividend on Mar 28, 2025. The last cut went ex-dividend on Mar 16, 2017.
Centerspace (CSR) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 2.7%, was declared on Feb 18, 2025.

Cite this page

SmarterDividends, "CSR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/CSR

Summary

As of Oct 19, 2026, Centerspace (CSR) yields 5.50% ($3.08 a year per share), has a dividend safety grade of C (64/100) and has 2 consecutive years of dividend increases on record.

Is CSR a good dividend stock?

Yes, with caveats

Centerspace (CSR) pays a quarterly dividend yielding 5.50% ($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 (183%)
Share price is down over the past 5 years

Key Data

Dividend Yield: 5.50%
Payout Ratio: 183%
Annual Dividend: $3.08
5-Yr Avg Growth: 1.9%
Ex-Dividend Date: Sep 29, 2026
Years of Growth: 2
Frequency: quarterly
Beta: 0.87
Market Cap: $991.8M
P/E Ratio: 44.5
5-Yr Total Return: -45%
52-Week Range: $52.00 – $69.61
Dividend Safety: C · 64/100
Ever Cut?: Yes (2017)

CSR dividend raises and cuts

Centerspace (CSR) has raised its regular dividend 37 times and cut it 2 times across the 114 payments on record since 1997. Its most recent change was a 2.7% increase to $0.770 per share, going ex-dividend on Mar 28, 2025. The last cut went ex-dividend on Mar 16, 2017.

Ex-date	Change	Old → new	Move
Mar 28, 2025	Raise	$0.750 → $0.770	+2.7%
Mar 27, 2024	Raise	$0.730 → $0.750	+2.7%
Mar 30, 2022	Raise	$0.720 → $0.730	+1.4%
Sep 29, 2021	Raise	$0.700 → $0.720	+2.9%
Mar 16, 2017	Cut	$1.30 → $0.700	−46.2%
Sep 8, 2011	Cut	$1.72 → $1.30	−24.4%
Dec 30, 2009	Raise	$1.71 → $1.72	+0.6%
Jun 11, 2009	Raise	$1.70 → $1.71	+0.6%
Dec 30, 2008	Raise	$1.69 → $1.70	+0.6%
Jun 12, 2008	Raise	$1.68 → $1.69	+0.6%
Dec 28, 2007	Raise	$1.67 → $1.68	+0.6%
Jun 13, 2007	Raise	$1.66 → $1.67	+0.6%

Show all 39 changes since 1998

Ex-date	Change	Old → new	Move
Dec 28, 2006	Raise	$1.65 → $1.66	+0.6%
Jun 14, 2006	Raise	$1.64 → $1.65	+0.6%
Mar 15, 2006	Raise	$1.63 → $1.64	+0.6%
Jun 15, 2005	Raise	$1.62 → $1.63	+0.6%
Mar 16, 2005	Raise	$1.61 → $1.62	+0.6%
Jun 16, 2004	Raise	$1.60 → $1.61	+0.6%
Jan 8, 2004	Raise	$1.59 → $1.60	+0.6%
Jun 13, 2003	Raise	$1.58 → $1.59	+0.6%
Mar 12, 2003	Raise	$1.57 → $1.58	+0.6%
Dec 30, 2002	Raise	$1.56 → $1.57	+0.6%
Sep 11, 2002	Raise	$1.54 → $1.56	+1.3%
Jun 12, 2002	Raise	$1.52 → $1.54	+1.3%
Mar 13, 2002	Raise	$1.50 → $1.52	+1.3%
Dec 28, 2001	Raise	$1.45 → $1.50	+3.4%
Jun 13, 2001	Raise	$1.43 → $1.45	+1.4%
Mar 14, 2001	Raise	$1.40 → $1.43	+2.1%
Dec 28, 2000	Raise	$1.35 → $1.40	+3.7%
Sep 13, 2000	Raise	$1.33 → $1.35	+1.5%
Jun 14, 2000	Raise	$1.30 → $1.33	+2.3%
Mar 15, 2000	Raise	$1.28 → $1.30	+1.6%
Dec 30, 1999	Raise	$1.26 → $1.28	+1.6%
Sep 13, 1999	Raise	$1.22 → $1.26	+3.3%
Mar 11, 1999	Raise	$1.20 → $1.22	+1.7%
Dec 30, 1998	Raise	$1.15 → $1.20	+4.3%
Sep 10, 1998	Raise	$1.10 → $1.15	+4.5%
Jun 9, 1998	Raise	$1.08 → $1.10	+1.9%
Mar 6, 1998	Raise	$1.05 → $1.08	+2.9%

Every CSR payment →Download every raise and cut (CSV)

CSR ex-dividend date & scheduleNext ex-date Sep 29, 2026 · full ex-dividend historyView →CSR dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CSR a good dividend stock?

Yes, with caveats. Centerspace (CSR) pays a quarterly dividend yielding 5.50% ($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.

Is CSR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CSR's fair value is about $49.74 versus a $56.04 share price — so it looks fairly valued (-11% vs. fair value).

Is CSR's dividend safe?

CSR has a dividend-safety grade of C (64/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2017, debt and yield-versus-history.

What is CSR's fair value?

Our blended fair-value estimate for CSR is about $49.74 per share, about 11% below the current $56.04 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CSR a buy, hold, or sell?

We don't issue formal ratings, but on the data CSR screens as "yes, with caveats" and fairly valued. Centerspace (CSR) pays a quarterly dividend yielding 5.50% ($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. This is research for your own analysis, not investment advice.

Will CSR cut its dividend?

CSR earns a dividend-safety grade of C (64/100), and has cut its dividend before (last in 2017). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CSR pay a dividend?

Yes. Centerspace pays a quarterly dividend of about $3.08 per share annually, a forward yield of roughly 5.50%.

What is CSR's dividend yield?

As of Oct 19, 2026, CSR's forward dividend yield is 5.50%, based on a $3.08 annual dividend and a $56.04 share price.

What is CSR's dividend per share?

As of Oct 19, 2026, CSR pays $3.08 per share per year, distributed on a quarterly basis.

What is CSR's dividend payout ratio?

As of Oct 19, 2026, CSR's payout ratio is 183% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has CSR grown its dividend?

As of Oct 19, 2026, CSR has increased its dividend for 2 consecutive years.

When is the next CSR ex-dividend date?

As of Oct 19, 2026, CSR's next ex-dividend date hasn't been announced. The most recent was Sep 29, 2026, for $0.77 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full CSR dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 29, 2026	Oct 14, 2026	$0.7700	regular
Jun 29, 2026	Jul 14, 2026	$0.7700	regular
Mar 30, 2026	Apr 14, 2026	$0.7700	regular
Dec 30, 2025	Jan 12, 2026	$0.7700	regular
Sep 29, 2025	Oct 10, 2025	$0.7700	regular
Jun 27, 2025	Jul 10, 2025	$0.7700	regular
Mar 28, 2025	Apr 8, 2025	$0.7700	regular
Dec 30, 2024	Jan 13, 2025	$0.7500	regular
Sep 30, 2024	Oct 10, 2024	$0.7500	regular
Jun 28, 2024	Jul 10, 2024	$0.7500	regular
Mar 27, 2024	Apr 8, 2024	$0.7500	regular
Dec 28, 2023	Jan 12, 2024	$0.7300	regular
Sep 28, 2023	Oct 10, 2023	$0.7300	regular
Jun 29, 2023	Jul 10, 2023	$0.7300	regular