Unibail-Rodamco-Westfield May Become A High-Dividend Yielder Over The Next Couple Of Years (Rating Upgrade)

  • Unibail-Rodamco-Westfield has strengthened its balance sheet, reducing its loan-to-value ratio below 45% and completing its major asset disposal program. Dividend growth is set to accelerate, with payout ratios rising and a forward yield potentially reaching 8% by 2027, appealing to income investors. Despite modest earnings growth, the company's undemanding valuation and clear dividend policy make it attractive within the European real estate sector.