Dexus Convenience Retail REIT Dividend

Dividend criteria checks 2/6

Dexus Convenience Retail REIT is a dividend paying company with a current yield of 8.21%.

Key information

8.2%

Dividend yield

103%

Payout ratio

Industry average yield	5.7%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Earnings per share	-AU$0.04
Dividend yield forecast in 3Y	8.3%

Recent dividend updates

Recent updates

If You Like EPS Growth Then Check Out APN Convenience Retail REIT (ASX:AQR) Before It's Too Late

Mar 31

APN Convenience Retail REIT (ASX:AQR) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Mar 10

Shareholders Of APN Convenience Retail REIT (ASX:AQR) Must Be Happy With Their 59% Return

Feb 16

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, DXC has been paying a dividend for less than 10 years.

Growing Dividend: DXC's dividend payments have increased, but the company has only paid a dividend for 7 years.

Dividend Yield vs Market

Dexus Convenience Retail REIT Dividend Yield vs Market

How does DXC dividend yield compare to the market?
Segment	Dividend Yield
Company (DXC)	8.2%
Market Bottom 25% (AU)	2.6%
Market Top 25% (AU)	6.3%
Industry Average (Retail REITs)	5.7%
Analyst forecast in 3 Years (DXC)	8.3%

Notable Dividend: DXC's dividend (8.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: DXC's dividend (8.21%) is in the top 25% of dividend payers in the Australian market (6.25%)

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (103.3%), DXC's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (100.5%), DXC's dividend payments are not well covered by cash flows.

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Dexus Convenience Retail REIT Dividend

Dividend criteria checks 2/6

Key information

Recent dividend updates

Upcoming dividend of AU$0.053 per share

Dexus Convenience Retail REIT Announces Distribution for the Quarter Ending December 31, 2023, Payable on February 22, 2024

Dexus Convenience Retail REIT Announces Estimated Ordinary Dividend for the Quarter Ending September 30, 2023, Payable on November 11, 2023

Dexus Convenience Retail REIT Announces Ordinary Dividend for the Quarter Ended March 31, 2023, Payable on May 19, 2023

Upcoming dividend of AU$0.053 per share

Dexus Convenience Retail REIT Announces Estimated Dividend for the Quarter Ended December 31, 2022 Payable on February 23, 2023

Recent updates

Upcoming dividend of AU$0.053 per share

Dividend of AU$0.053 announced

First half 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.11 in 1H 2023)

Dexus Convenience Retail REIT Announces Distribution for the Quarter Ending December 31, 2023, Payable on February 22, 2024

Dexus Convenience Retail REIT to Report Fiscal Year 2024 Results on Aug 12, 2024

Dexus Convenience Retail REIT Announces Estimated Ordinary Dividend for the Quarter Ending September 30, 2023, Payable on November 11, 2023

Dexus Convenience Retail REIT to Report Fiscal Year 2024 Results on Aug 05, 2024

Full year 2023 earnings released

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 31%

Dexus Convenience Retail REIT Announces Ordinary Dividend for the Quarter Ended March 31, 2023, Payable on May 19, 2023

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 63%

First half 2023 earnings released: FFO per share: AU$0.1 (vs AU$0.12 in 1H 2022)

Upcoming dividend of AU$0.053 per share

Dexus Convenience Retail REIT Announces Estimated Dividend for the Quarter Ended December 31, 2022 Payable on February 23, 2023

Consensus forecasts updated

Dexus Convenience Retail REIT to Report Fiscal Year 2023 Results on Aug 07, 2023

High number of new and inexperienced directors

Dexus Convenience Retail REIT to Report First Half, 2023 Results on Feb 06, 2023

High number of new and inexperienced directors

Dexus Convenience Retail REIT Announces Management Changes

Upcoming dividend of AU$0.053 per share

Dexus Convenience Retail REIT Estimates Dividend for the Quarter Ended September 30, 2022, Payable on November 10, 2022

Key Executive recently bought AU$101k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Dexus Convenience Retail REIT Announces Distribution Amount for the Quarter Ended June 30, 2022, Payable on August 23, 2022

Dexus Convenience Retail REIT Appoints Emily Margaret Williams Smith as Director

Upcoming dividend of AU$0.058 per share

Dexus Convenience Retail REIT Appoints Brett David Cameron as Director

Dexus Convenience Retail REIT Announces Board Changes, Effective 1 March 2022

Consensus forecasts updated

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Dexus Convenience Retail REIT Announces Executive Changes

Upcoming dividend of AU$0.057 per share

Consensus forecasts updated

Dexus Convenience Retail REIT (ASX:DXC) agreed to acquire BP Brendale, Queensland for AUD 9.1 million.

Upcoming dividend of AU$0.057 per share

APN Convenience Retail REIT has completed a Follow-on Equity Offering in the amount of AUD 45 million.

Full year 2021 earnings released: FFO AU$0.22 per share (vs AU$0.22 in FY 2020)

Consensus forecasts updated

APN Convenience Retail REIT (ASX:AQR) acquired Kingston in Queensland for AUD 10.2 million.

Upcoming dividend of AU$0.055 per share

Consensus forecasts updated

Consensus forecasts updated

APN Convenience Retail REIT (ASX:AQR) agreed to acquire Portfolio of six service station and convenience retail properties in Queensland for AUD 59 million.

If You Like EPS Growth Then Check Out APN Convenience Retail REIT (ASX:AQR) Before It's Too Late

Upcoming dividend of AU$0.055 per share

APN Convenience Retail REIT Announces Dividend for the Quarter Ended March 31, 2021, Payable on May 7, 2021

APN Convenience Retail REIT (ASX:AQR) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Analysts update estimates

First half 2021 earnings released: FFO AU$0.12 per share (vs AU$0.11 in 1H 2020)

Shareholders Of APN Convenience Retail REIT (ASX:AQR) Must Be Happy With Their 59% Return

APN Convenience Retail REIT to Report First Half, 2021 Results on Feb 16, 2021

How Many APN Convenience Retail REIT (ASX:AQR) Shares Do Institutions Own?

New 90-day low: AU$3.49

Have Insiders Been Buying APN Convenience Retail REIT (ASX:AQR) Shares?

New 90-day low: AU$3.54

Board Member recently bought AU$90k worth of stock

Does APN Convenience Retail REIT (ASX:AQR) Deserve A Spot On Your Watchlist?

Analysts increase EPS estimates to AU$0.45

APN Convenience Retail REIT (ASX:AQR) agreed to acquire 3 service station and convenience retail properties in Australia for AUD 75.3 million.

APN Convenience Retail REIT (ASX:AQR) agreed to acquire Chevron Balcatta for AUD 7 million.

APN Convenience Retail REIT (ASX:AQR) agreed to acquire 7-Eleven in Maroochydore, Queensland for AUD 6.9 million.

APN Convenience Retail REIT (ASX:AQR) cancelled the acquisition of 7-Eleven in Maroochydore, Queensland.

APN Convenience Retail REIT (ASX:AQR) agreed to acquire Coles Express Acacia Ridge, Coles Express Moorooka and Coles Express Cairns in Queensland for AUD 27.5 million.

APN Convenience Retail REIT (ASX:AQR) completed the acquisition of Brisbane Airport Link Service Centre.