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Burstone Group (JSE:BTN) Forward Dividend Yield % : 14.27% (As of May. 06, 2024)


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What is Burstone Group Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Burstone Group is 14.27%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Burstone Group is 14.24%.

JSE:BTN's Forward Dividend Yield % is ranked better than
93% of 829 companies
in the REITs industry
Industry Median: 7.3 vs JSE:BTN: 14.27

Burstone Group's Dividends per Share for the six months ended in Sep. 2023 was R0.48.

During the past 12 months, Burstone Group's average Dividends Per Share Growth Rate was -2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Burstone Group was 37.00% per year. The lowest was -33.90% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Burstone Group's Forward Dividend Yield %

For the REIT - Diversified subindustry, Burstone Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Burstone Group's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Burstone Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Burstone Group's Forward Dividend Yield % falls into.



Burstone Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Burstone Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.4850002023-12-062023-12-082023-12-11Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.4830002023-06-132023-06-152023-06-19Cash Dividendsemi-annuallyZAR:ZAR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Burstone Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.97/6.80
=14.26 %

Current Share Price is R6.80.
Burstone Group's Dividends per Share for the forward twelve months is calculated as R0.485 * 2 = R0.97.

Burstone Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.968/6.80
=14.24 %

Current Share Price is R6.80.
Burstone Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.968.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Burstone Group  (JSE:BTN) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Burstone Group Forward Dividend Yield % Related Terms

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Burstone Group (JSE:BTN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

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