CREIT Keeps It Green—And Consistent—With Q1 Dividend Payout

Citicore Energy REIT (CREIT), the Philippines’ first and largest renewable energy landlord, is handing shareholders a reason to smile—again.

CREIT declares a ₱0.049/share cash dividend for Q1 2025, reflecting solid lease-backed revenues from its renewable energy land assets. I Illustration: TFD

The company just declared a cash dividend of ₱0.049 per share, staying steady with last year’s Q1 payout.

So, what’s powering the payout? That dividend represents income from guaranteed lease revenues tied to 14 renewable energy sites sitting on a massive 7.1 million square meters of land.

That makes CREIT the go-to landlord for solar and clean energy assets in the Philippines. Quick math: Based on CREIT’s March 31 share price of ₱3.16, the dividend equates to a 6.2% annualized yield.

“CREIT’s third year as the leading renewable energy REIT showcases the consistency of our green business model,” said President & CEO Oliver Tan.

He added that the firm’s stable income comes from long-term leases (100% occupancy, with an average lease term of 20.19 years!)—and it’s just getting started.

Backing the REIT is parent company Citicore Renewable Energy Corporation (CREC), which has a 5GW renewable pipeline in various stages of development. With asset infusions from CREC on the horizon, CREIT’s growth runway is looking as bright as a solar farm at noon.

CREIT isn’t just consistent—it’s consistent and climate-smart. Investors looking for steady returns from a sustainable source might want to keep this REIT on their radar.