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 yield | 10.3% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 10 Apr 24 |
Dividend per share | n/a |
Earnings per share | R0.19 |
Dividend yield forecast in 3Y | 11.1% |
Recent dividend updates
Recent updates
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates
Nov 25Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment
Nov 09Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021
Mar 23Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?
Feb 28Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?
Feb 01What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?
Jan 05Upcoming Dividend Payment
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 |
---|
Segment | Dividend 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.