Growthpoint Properties Limited

JSE:GRT Stock Report

Mkt Cap: R49.9b

Growthpoint Properties Dividend

What is Growthpoint Properties's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


9.15%

Current Dividend Yield

Dividend Yield vs Market

Growthpoint Properties Dividend Yield vs Market
How does GRT dividend yield compare to the market?
SegmentDividend Yield
Company (GRT)9.1%
Market Bottom 25% (ZA)3.8%
Market Top 25% (ZA)8.6%
Industry Average (REITs)9.0%
Analyst forecast in 3 Years (GRT)9.8%

Notable Dividend: GRT's dividend (9.15%) is higher than the bottom 25% of dividend payers in the ZA market (3.82%).

High Dividend: GRT's dividend (9.15%) is in the top 25% of dividend payers in the ZA market (8.63%)


Stability and Growth of Payments

How stable has Growthpoint Properties's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20251.473
6/30/20241.413
6/30/20231.343
1/16/20231.349.15
9/15/20221.3410
3/17/20221.239.11
9/16/20211.198.5
11/11/20201.4610.63
3/26/20202.1816.9
10/1/20192.1810.82
9/11/20192.189.27
10/5/20182.158.93
8/29/20182.158.94
3/26/20182.027.5
9/7/20171.967.38
7/15/20171.967.82
10/3/20161.847.21
9/1/20161.847.27
8/26/20151.295.24
3/4/20151.696.24
1/15/20151.695.78
10/1/20141.666.36
8/27/20141.666.57
3/4/20141.576.45
9/6/20131.536.4
2/27/20131.455.54
9/29/20121.425.69
8/29/20121.425.5
2/23/20121.366.15
2/22/20121.366.74

Stable Dividend: GRT's dividend payments have been volatile in the past 10 years.

Growing Dividend: GRT's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (93.9%), GRT's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (79.1%), GRT's dividend payments are covered by cash flows.


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