Vukile Property Fund (JSE:VKE) Dividend Payout Ratio : 0.78 (As of Sep. 2023)

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What is Vukile Property Fund Dividend Payout Ratio?

Vukile Property Fund's dividend payout ratio for the months ended in Sep. 2023 was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vukile Property Fund Ltd is 0.72, which seems too high.

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

JSE:VKE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.93 Max: 1.58
Current: 0.72

During the past 13 years, the highest Dividend Payout Ratio of Vukile Property Fund was 1.58. The lowest was 0.35. And the median was 0.93.

JSE:VKE's Dividend Payout Ratio is ranked better than
76.2% of 563 companies
in the REITs industry
Industry Median: 1.02 vs JSE:VKE: 0.72

As of today (2024-05-21), the Dividend Yield % of Vukile Property Fund is 7.64%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vukile Property Fund was 40.22%. The lowest was 3.01%. And the median was 8.01%.

Vukile Property Fund's Dividends per Share for the months ended in Sep. 2023 was R0.65.

During the past 12 months, Vukile Property Fund's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vukile Property Fund was 993.60% per year. The lowest was -87.70% per year. And the median was 7.10% per year.

The growth rate is calculated with least square regression.

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

Vukile Property Fund Dividend Payout Ratio Historical Data

The historical data trend for Vukile 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.

Vukile Property Fund Dividend Payout Ratio Chart

Vukile Property Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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1.42

1.58

0.35

1.05

0.84

Vukile Property Fund Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.42	0.65	1.06	0.65	0.78

Competitive Comparison of Vukile Property Fund's Dividend Payout Ratio

For the REIT - Retail subindustry, Vukile 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.

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

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

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

Vukile Property Fund Dividend Payout Ratio Calculation

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

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

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	1.126	/	1.347
	=	0.84

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.651	/	0.83
	=	0.78

Vukile Property Fund (JSE:VKE) 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.

Vukile Property Fund Dividend Payout Ratio Related Terms

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

Vukile Property Fund (JSE:VKE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

VKN:Namibia

Address

11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.vukile.co.za

Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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