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 6.99%.
Key information
7.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.1% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.210 |
| Payout ratio | 101% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DXC) | 7.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Retail REITs) | 5.5% |
| Analyst forecast (DXC) (up to 3 years) | 7.1% |
Notable Dividend: DXC's dividend (6.99%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: DXC's dividend (6.99%) is in the top 25% of dividend payers in the Australian market (6.07%)
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.