Growthpoint Properties Dividends and Buybacks
Dividend criteria checks 3/6
Growthpoint Properties is a dividend paying company with a current yield of 8.79%.
Key information
8.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 9.6% |
| 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) | 8.8% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.9% |
| Industry Average (REITs) | 8.5% |
| Analyst forecast (GRT) (up to 3 years) | 9.6% |
Notable Dividend: GRT's dividend (8.79%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: GRT's dividend (8.79%) is in the top 25% of dividend payers in the ZA market (7.79%)
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.