Goodman Property Trust Dividend
Dividend criteria checks 2/6
Goodman Property Trust is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
77%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | NZ$0.062 |
Earnings per share | -NZ$0.37 |
Dividend yield forecast | 3.4% |
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 fallen over the past 10 years.
Dividend Yield vs Market
Goodman Property Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GMT) | 3.0% |
Market Bottom 25% (NZ) | 3.5% |
Market Top 25% (NZ) | 6.0% |
Industry Average (Industrial REITs) | 1.2% |
Analyst forecast (GMT) (up to 3 years) | 3.4% |
Notable Dividend: GMT's dividend (2.96%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.5%).
High Dividend: GMT's dividend (2.96%) is low compared to the top 25% of dividend payers in the NZ market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.6%), GMT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.1%), GMT's dividend payments are covered by cash flows.