Equites Property Fund (JSE:EQU) Dividend Payout Ratio : 1.94 (As of Aug. 2023)

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What is Equites Property Fund Dividend Payout Ratio?

Equites Property Fund's dividend payout ratio for the months ended in Aug. 2023 was 1.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Equites Property Fund Ltd is 2.29, which seems too high.

The historical rank and industry rank for Equites Property Fund's Dividend Payout Ratio or its related term are showing as below:

JSE:EQU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.08 Max: 2.29
Current: 2.29

During the past 9 years, the highest Dividend Payout Ratio of Equites Property Fund was 2.29. The lowest was 0.27. And the median was 1.08.

JSE:EQU's Dividend Payout Ratio is ranked worse than
83.42% of 561 companies
in the REITs industry
Industry Median: 1.01 vs JSE:EQU: 2.29

As of today (2024-05-13), the Dividend Yield % of Equites Property Fund is 12.43%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Equites Property Fund was 15.01%. The lowest was 1.31%. And the median was 6.55%.

Equites Property Fund's Dividends per Share for the months ended in Aug. 2023 was R0.88.

During the past 12 months, Equites Property Fund's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Equites Property Fund was 78.90% per year. The lowest was 4.70% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

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

Equites Property Fund Dividend Payout Ratio Historical Data

The historical data trend for Equites Property Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Equites Property Fund Dividend Payout Ratio Chart

Equites Property Fund Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Dividend Payout Ratio

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1.20

1.15

1.55

1.24

1.08

Equites Property Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Dividend Payout Ratio	Get a 7-Day Free Trial														0.83	2.49	0.67	2.85	1.94

Competitive Comparison of Equites Property Fund's Dividend Payout Ratio

For the REIT - Industrial subindustry, Equites Property Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Equites Property Fund's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Equites Property Fund's Dividend Payout Ratio falls into.

Equites Property Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Equites Property Fund's Dividend Payout Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2023 )	/	EPS without NRI (A: Feb. 2023 )
	=	1.662	/	1.545
	=	1.08

Equites Property Fund's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2023 )	/	EPS without NRI (Q: Aug. 2023 )
	=	0.88	/	0.453
	=	1.94

Equites Property Fund (JSE:EQU) Dividend Payout Ratio Explanation

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.

Equites Property Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Equites Property Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Equites Property Fund (JSE:EQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equites Property Fund Ltd (JSE:EQU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001

Website

https://www.equites.co.za

Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

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