Goodman Property Trust Dividend
Dividend criteria checks 2/6
Goodman Property Trust is a dividend paying company with a current yield of 2.63% that is well covered by earnings.
Key information
2.6%
Dividend yield
81%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -NZ$0.22 |
Dividend yield forecast in 3Y | 3.2% |
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) | 2.6% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 7.0% |
Industry Average (Industrial REITs) | 1.3% |
Analyst forecast in 3 Years (GMT) | 3.2% |
Notable Dividend: GMT's dividend (2.63%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: GMT's dividend (2.63%) is low compared to the top 25% of dividend payers in the NZ market (7.02%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.4%), GMT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.2%), GMT's dividend payments are covered by cash flows.