The historical rank and industry rank for Mirvac Group's 3-Year Dividend Growth Rate or its related term are showing as below:
ASX:MGR'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37.8 Med: 3.8 Max: 66.8
Current: 4.9
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mirvac Group was 66.80% per year. The lowest was -37.80% per year. And the median was 3.80% per year.
ASX:MGR's 3-Year Dividend Growth Rate is ranked better than 65.22% of 506
companies
in the REITs industry
Industry Median: 2.1
vs ASX:MGR: 4.90
During the past 12 months, Mirvac Group's average Dividends Per Share Growth Rate was -4.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% 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.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Mirvac Group's 3-Year Dividend Growth Rate
For the REIT - Diversified subindustry, Mirvac 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.
Mirvac Group's 3-Year Dividend Growth Rate Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Mirvac Group's 3-Year Dividend Growth Rate falls into.
Mirvac 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.
Mirvac Group (ASX:MGR) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Mirvac 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 Mirvac Group was 0.70. The lowest was 0.33. And the median was 0.43.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Mirvac Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.045
2023-12-28
2023-12-29
2024-02-29
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.053
2023-06-29
2023-06-30
2023-08-31
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.
Mirvac Group's Dividend Yield (%) for Today is calculated as
Current Share Price is A$2.05.
Mirvac Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.098.
During the past 13 years, the highest Dividend Yield of Mirvac Group was 5.95%. The lowest was 3.05%. And the median was 4.66%.
* 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.
Mirvac Group 3-Year Dividend Growth Rate Related Terms>
Mirvac is one of Australia's largest residential developers, particularly apartments. Residential development earnings are volatile, generating about a fifth of EBIT in fiscal 2023, despite accounting for only about 15% of the group's invested capital. Over our 10-year discrete forecast period we don't expect residential development to exceed the lofty peaks seen in 2017, when Mirvac settled 3,400 residential lots, however, we expect modest growth over time as Mirvac gains market share and constructs housing into an under-supplied market. About 80% of Mirvac's earnings come from a predictable commercial property portfolio, more than half of which is high-grade office and another fourth in retail, a small industrial portfolio, and a small but growing build-to-rent residential portfolio.
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