The historical rank and industry rank for Goodman Group's 3-Year Dividend Growth Rate or its related term are showing as below:
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Goodman Group was 8.00% per year. The lowest was -51.10% per year. And the median was 5.00% per year.
ASX:GMG's 3-Year Dividend Growth Rate is not ranked *
in the Real Estate industry.
Industry Median: 5.35 * Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Goodman Group is 2.68, which seems too high.
Warning Sign:
Goodman Group stock dividend yield is close to 10-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Goodman Group's 3-Year Dividend Growth Rate
For the Real Estate - Diversified subindustry, Goodman Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.
Goodman Group's 3-Year Dividend Growth Rate Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Goodman Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Goodman Group's 3-Year Dividend Growth Rate falls into.
Goodman Group 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Goodman Group (ASX:GMG) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Goodman Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Goodman Group was 2.68. The lowest was 0.25. And the median was 0.37.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Goodman Group is 2.68, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Goodman Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.150000
2023-12-28
2023-12-29
2024-02-23
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.150000
2023-06-29
2023-06-30
2023-08-25
Cash Dividend
semi-annually
AUD:AUD 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.
Goodman Group's Dividend Yield (%) for Today is calculated as
Current Share Price is A$33.67.
Goodman Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.3.
During the past 13 years, the highest Dividend Yield of Goodman Group was 4.22%. The lowest was 0.87%. And the median was 2.62%.
Warning Sign:
Goodman Group stock dividend yield is close to 10-year low.
* 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.
Goodman Group 3-Year Dividend Growth Rate Related Terms>
Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.
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