Growthpoint Properties Dividends and Buybacks
Dividend criteria checks 3/6
Growthpoint Properties is a dividend paying company with a current yield of 8.98%.
Key information
9.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 9.8% |
| Dividend Growth | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R1.171 |
| Payout ratio | 117% |
Recent dividend and buyback updates
Recent updates
Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All
Nov 19
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 01
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?
Jan 05Stability 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) | 9.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.6% |
| Industry Average (REITs) | 8.7% |
| Analyst forecast (GRT) (up to 3 years) | 9.8% |
Notable Dividend: GRT's dividend (8.98%) is higher than the bottom 25% of dividend payers in the ZA market (3.17%).
High Dividend: GRT's dividend (8.98%) is in the top 25% of dividend payers in the ZA market (7.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.4%), GRT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.9%), GRT's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:32 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Growthpoint Properties Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Pranita Daya | Anchor Stockbrokers Proprietary Limited |