Growthpoint Properties Australia

ASX:GOZ Stock Report

Mkt Cap: AU$2.5b

Growthpoint Properties Australia Dividend

What is Growthpoint Properties Australia current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.48%

Current Dividend Yield

Dividend Yield vs Market

Growthpoint Properties Australia Dividend Yield vs Market
How does GOZ dividend yield compare to the market?
SegmentDividend Yield
Company (GOZ)6.5%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)7.0%
Industry Average (REITs)5.0%
Analyst forecast in 3 Years (GOZ)6.9%

Notable Dividend: GOZ's dividend (6.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.79%).

High Dividend: GOZ's dividend (6.48%) is low compared to the top 25% of dividend payers in the Australian market (6.98%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (73.6%), GOZ's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (87%), GOZ's dividend payments are covered by cash flows.


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