Growthpoint Properties Limited

JSE:GRT Stock Report

Market Cap: R38.3b

Growthpoint Properties Dividend

Dividend criteria checks 3/6

Growthpoint Properties is a dividend paying company with a current yield of 11.03%. Next payment date is on 15th April, 2024 with an ex-dividend date of 10th April, 2024.

Key information

11.0%

Dividend yield

121%

Payout ratio

Industry average yield10.3%
Next dividend pay date15 Apr 24
Ex dividend date10 Apr 24
Dividend per sharen/a
Earnings per shareR0.19
Dividend yield forecast in 3Y11.1%

Recent dividend updates

Recent updates

Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Nov 25
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Nov 09
Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Mar 23
Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Feb 28
Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

Feb 01
Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Jan 05
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Upcoming Dividend Payment

TodayMar 28 2024Ex Dividend DateApr 10 2024Dividend Pay DateApr 15 20245 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

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.


Dividend Yield vs Market

Growthpoint Properties Dividend Yield vs Market
How does GRT dividend yield compare to the market?
SegmentDividend Yield
Company (GRT)11.0%
Market Bottom 25% (ZA)3.7%
Market Top 25% (ZA)9.0%
Industry Average (REITs)10.3%
Analyst forecast in 3 Years (GRT)11.1%

Notable Dividend: GRT's dividend (11.03%) is higher than the bottom 25% of dividend payers in the ZA market (3.8%).

High Dividend: GRT's dividend (11.03%) is in the top 25% of dividend payers in the ZA market (8.9%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (121.4%), GRT's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (75.1%), GRT's dividend payments are covered by cash flows.


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