Goodman Property Trust Dividends and Buybacks
Dividend criteria checks 3/6
Goodman Property Trust is a dividend paying company with a current yield of 3.07% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
3.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -8.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | NZ$0.065 |
| Payout ratio | 70% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GMT's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Goodman Property Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GMT) | 3.1% |
| Market Bottom 25% (NZ) | 3.2% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Industrial REITs) | 1.1% |
| Analyst forecast (GMT) (up to 3 years) | 3.4% |
Notable Dividend: GMT's dividend (3.07%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.22%).
High Dividend: GMT's dividend (3.07%) is low compared to the top 25% of dividend payers in the NZ market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.1%), GMT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.8%), GMT's dividend payments are covered by cash flows.