Dexus Convenience Retail REIT

ASX:DXC Stock Report

Market Cap: AU$406.4m

Dexus Convenience Retail REIT Dividends and Buybacks

Dividend criteria checks 2/6

Dexus Convenience Retail REIT is a dividend paying company with a current yield of 7.11%. Next payment date is on 20th February, 2025 with an ex-dividend date of 30th December, 2024.

Key information

7.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield7.3%
Dividend Growth4.9%
Next dividend pay date20 Feb 25
Ex dividend date30 Dec 24
Dividend per shareAU$0.210
Payout ratio101%

Recent dividend and buyback updates

Recent updates

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

Mar 31
If You Like EPS Growth Then Check Out APN Convenience Retail REIT (ASX:AQR) Before It's Too Late

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

Mar 10
APN Convenience Retail REIT (ASX:AQR) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

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

Feb 16
Shareholders Of APN Convenience Retail REIT (ASX:AQR) Must Be Happy With Their 59% Return

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

Jan 26
How Many APN Convenience Retail REIT (ASX:AQR) Shares Do Institutions Own?

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

Jan 05
Have Insiders Been Buying APN Convenience Retail REIT (ASX:AQR) Shares?

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

Dec 10
Does APN Convenience Retail REIT (ASX:AQR) Deserve A Spot On Your Watchlist?

Upcoming Dividend Payment

TodayDec 20 2024Ex Dividend DateDec 30 2024Dividend Pay DateFeb 20 202552 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

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?
SegmentDividend Yield
Company (DXC)7.1%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.2%
Industry Average (Retail REITs)5.7%
Analyst forecast (DXC) (up to 3 years)7.3%

Notable Dividend: DXC's dividend (7.11%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).

High Dividend: DXC's dividend (7.11%) is in the top 25% of dividend payers in the Australian market (6.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (101%), DXC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (114.7%), DXC's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dexus Convenience Retail REIT is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Andrew MacFarlaneBell Potter
Simon ChanBofA Global Research