DEXUS Dividend

Dividend criteria checks 5/6

DEXUS is a dividend paying company with a current yield of 7.19% that is well covered by earnings.

Key information

7.2%

Dividend yield

78%

Payout ratio

Industry average yield	8.3%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Earnings per share	-AU$1.28
Dividend yield forecast in 3Y	6.9%

Recent dividend updates

Recent updates

Shareholders May Not Be So Generous With Dexus' (ASX:DXS) CEO Compensation And Here's Why

Oct 12

Dexus (ASX:DXS) Has Compensated Shareholders With A Respectable 58% Return On Their Investment

Dec 24

What Kind Of Shareholders Own Dexus (ASX:DXS)?

Dec 03

Is Dexus (ASX:DXS) Popular Amongst Institutions?

Aug 31

If You Had Bought Dexus' (ASX:DXS) Shares A Year Ago You Would Be Down 37%

Aug 02

How Much Are Dexus (ASX:DXS) Insiders Spending On Buying Shares?

Jun 22

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DXS's dividend payments have been volatile in the past 10 years.

Growing Dividend: DXS's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

DEXUS Dividend Yield vs Market

How does DXS dividend yield compare to the market?
Segment	Dividend Yield
Company (DXS)	7.2%
Market Bottom 25% (AU)	2.6%
Market Top 25% (AU)	6.3%
Industry Average (Office REITs)	8.3%
Analyst forecast in 3 Years (DXS)	6.9%

Notable Dividend: DXS's dividend (7.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: DXS's dividend (7.19%) is in the top 25% of dividend payers in the Australian market (6.25%)

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77.7%), DXS's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (95.7%), DXS's dividend payments are covered by cash flows.

Discover strong dividend paying companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

DEXUS Dividend

Dividend criteria checks 5/6

Key information

Recent dividend updates

Upcoming dividend of AU$0.27 per share at 6.7% yield

Dexus Announces the Ordinary Dividend for the Six Month Ending December 31, 2023, Payable on February 29, 2024

Dexus Announces Actual Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Dexus Announces Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Dexus Provides Distribution Guidance for the 12 Months Ended 30 June 2023

Dexus Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2022, Payable on August 30, 2022

Recent updates

High number of new directors

Upcoming dividend of AU$0.27 per share at 6.7% yield

Dexus Announces the Ordinary Dividend for the Six Month Ending December 31, 2023, Payable on February 29, 2024

Dexus Announces Chief Executive Officer Changes, Effective 28 March 2024

Darren Steinberg to Step Down as Dexus CEO

Darren Steinberg to Step Down as Dexus CEO

Buyers Reportedly on Runway for Airport Stakes

An unknown buyer agreed to acquire A grade office building at 1 Margaret Street from DEXUS (ASX:DXS) for AUD 300 million.

New major risk - Financial position

Full year 2023 earnings: Revenues miss analyst expectations

DEXUS to Report First Half, 2024 Results on Feb 14, 2024

New major risk - Revenue and earnings growth

Consensus revenue estimates decrease by 10%

New major risk - Revenue and earnings growth

An unknown buyer has exchanged contracts to acquire Axxess Corporate Park, Mount Waverley Victoria from DEXUS (ASX:DXS) for approximately AUD 310 million.

An unknown buyer entered into an agreement to acquire CBD A Grade Office Building in Sydney from Dexus (ASX:DXS).

Now 21% undervalued

Board Member recently bought AU$50k worth of stock

First half 2023 earnings released: EPS: AU$0.022 (vs AU$0.75 in 1H 2022)

Dexus Announces Actual Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Dexus Announces Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Key Executive recently bought AU$77k worth of stock

Dexus Provides Distribution Guidance for the 12 Months Ended 30 June 2023

Sim Lian Group Limited acquired Shepparton Marketplace Shopping Centre from Dexus Wholesale Property Fund, managed by Dexus (ASX:DXS) for $88.1 million.

Key Executive recently bought AU$173k worth of stock

Key Executive exercised options to buy AU$1.4m worth of stock.

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

Now 20% undervalued after recent price drop

Dexus to Report Fiscal Year 2023 Results on Aug 16, 2023

Dexus Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2022, Payable on August 30, 2022

Board Member recently bought AU$79k worth of stock

Board Member recently bought AU$225k worth of stock

An Unknown buyer completed the acquisition of 50% of stake in 309-321 Kent Street, Sydney from Dexus (ASX:DXS).

Now 20% undervalued

Dexus (ASX:DXS) agreed to acquire Collimates real estate and domestic infrastructure equity business from Collimate Capital Limited for AUD 550 million.

Dexus Confirms Discussions with AMP

AMP Confirms in Talks to Sell Investment Management Unit with Multiple Parties, Including Dexus

An unknown buyer completed the acquisition of 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS).

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

An unknown buyer entered into agreement to acquire 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS) for AUD 319 million.

An unknown buyer completed the acquisition of 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS).

First half 2022 earnings: EPS and revenues exceed analyst expectations

An unknown buyer agreed to acquire 140 & 150 George Street from DEXUS Office Partnership for approximately AUD 150 million.

Upcoming dividend of AU$0.28 per share

AMP Capital Shopping Centre Fund, managed by AMP Capital Investors Limited acquired a 25% stake in CEV Multimedia ltd from Dexus Wholesale Property Fund managed by Dexus (ASX:DXS) for approximately AUD 420 million.

An unknown buyer exchanged contracts to acquire 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS) AUD 152.4 million.

Shayher Group agreed to acquire Milton Green business park from Dexus Wholesale Property Fund, a fund managed by Dexus (ASX:DXS) and AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.

An unknown buyer agreed to acquire A-Grade Office Building Located at 383 Kent Street, Sydney from Dexus (ASX:DXS) for approximately AUD 400 million.

Shareholders May Not Be So Generous With Dexus' (ASX:DXS) CEO Compensation And Here's Why

Chief Financial Officer of Dexus Funds Management Limited Alison Harrop has left the company

Dexus Healthcare Property Fund, a fund managed by Dexus (ASX:DXS), acquired Arcadia Pittwater Private Hospital and Day Rehabilitation Facility from Breckenridge Funds Management for AUD 50.5 million.

Full year 2021 earnings released: FFO AU$0.66 per share (vs AU$0.67 in FY 2020)

Dexus Reportedly to Sell $1.3 Billion of Towers

Consensus EPS estimates increase to AU$0.60

Dexus (ASX:DXS) completed the acquisition of APN Property Group Limited (ASX:APD).

Huge Linkage acquired 60 Miller Street, North Sydney. from Dexus for AUD 273 million.

Dexus Healthcare Property Fund managed by Dexus (ASX:DXS) acquired two inner-city Brisbane medical related properties from Silverstone Developments Pty Ltd for $130.7 million.

Independent Non-Executive Director of DEXUS Funds Management Limited Peter St. George has left the company

Dexus Upgrades Dividend Guidance for the Full Year Ending June 30, 2021

Dexus (ASX:DXS) entered into a binding Scheme Implementation Deed to acquire APN Property Group Limited (ASX:APD) for AUD 320 million.

What You Need To Know About Dexus' (ASX:DXS) Investor Composition

How Much Did Dexus' (ASX:DXS) CEO Pocket Last Year?

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

First half 2021 earnings released: FFO AU$0.34 per share (vs AU$0.35 in 1H 2020)

New 90-day low: AU$8.85

China Investment Corporation completed the acquisition of additional 50% majority stake in Grosvenor Place Office Building in Sydney, Australia from DEXUS Office Partnership managed by Dexus (ASX:DXS) and Canada Pension Plan Investment Board.