Growthpoint Properties Australia Dividend
Dividend criteria checks 4/6
Growthpoint Properties Australia is a dividend paying company with a current yield of 8.99% that is well covered by earnings.
Key information
9.0%
Dividend yield
91%
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$0.34 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
Growthpoint Properties Australia Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GOZ) | 9.0% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.4% |
Industry Average (REITs) | 5.7% |
Analyst forecast in 3 Years (GOZ) | 8.6% |
Notable Dividend: GOZ's dividend (8.99%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: GOZ's dividend (8.99%) is in the top 25% of dividend payers in the Australian market (6.38%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (91.2%), GOZ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.5%), GOZ's dividend payments are not well covered by cash flows.