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Heriot REITJSE:HET 69 Forward Dividend Yield % is 5.09% as of Jul. 21, 2026. GuruFocus rates JSE:HET with a GF Score™ of 69/100 and a GF Value™ of R23.54 (Fairly Valued). The stock has 13 warning signs investors should review. Among 860 REITs companies, Heriot REIT ranks worse than 73.6% on this metric.
As of today (2026-07-21), the Forward Annual Dividend Yield of Heriot REIT is 5.09%.
As of today (2026-07-21), the Trailing Annual Dividend Yield of Heriot REIT is 5.05%.
JSE:HET's Forward Dividend Yield % is ranked worse than 73.6% of 860
companies
in the REITs industry
Industry Median: 6.88
vs JSE:HET: 5.09
During the past 12 months, Heriot REIT's average Dividends Per Share Growth Rate was 14.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Heriot REIT was 8.10% per year. The lowest was 5.10% per year. And the median was 5.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
Heriot REIT Forward Dividend Yield % Related Terms
JSE:HET vs VICI, WPC: Forward Dividend Yield % Comparison
For the REIT - Diversified subindustry, Heriot REIT'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.
Heriot REIT Forward Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Heriot REIT's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Heriot REIT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.661080
2026-04-15
2026-04-17
2026-04-20
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 0.650741
2025-10-15
2025-10-17
2025-10-20
Cash Dividend
semi-annually
ZAR: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.
Heriot REIT's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.32216
/
26.00
=
5.09 %
Current Share Price is R26.00. Heriot REIT's Dividends per Share for the forward twelve months is calculated as R0.66108 * 2 = R1.32216.
Heriot REIT's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.311821
/
26.00
=
5.05 %
Current Share Price is R26.00. Heriot REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.311821.
* 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.
What does a Forward Dividend Yield % of 5.09% mean?
Heriot REIT (JSE:HET) has a Forward Dividend Yield % of 5.09% as of Jul. 21, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Heriot REIT and its competitors. According to the industry distribution chart, Heriot REIT ranks #633 out of 860 companies in the REITs industry, placing it in the top 73.6%.
Is Heriot REIT's Forward Dividend Yield % too high?
Heriot REIT's current Forward Dividend Yield % is 5.09%. The REITs industry median Forward Dividend Yield % is 6.88. Heriot REIT's value of 5.09% is 26% below this industry median. Based on the distribution chart, Heriot REIT ranks #633 out of 860 companies in the REITs industry, which is below the industry midpoint. Overall, Heriot REIT has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's Forward Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #633 out of 860 companies for Forward Dividend Yield %. This places Heriot REIT in the lower half of its industry. The industry median Forward Dividend Yield % is 6.88. Heriot REIT's value of 5.09% is 26% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a REITs company?
The median Forward Dividend Yield % among REITs companies is 6.88, based on 860 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heriot REIT's current Forward Dividend Yield % of 5.09% is 26% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Heriot REIT and its competitors. For the REITs industry, the median Forward Dividend Yield % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current Forward Dividend Yield % is 5.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R23.54, compared to a current price of R26.00 — trading 10.5% above its estimated fair value. The current Forward Dividend Yield % is 5.09% and 26% below the REITs industry median of 6.88. Heriot REIT's overall GF Score™ is 69/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Heriot REIT (JSE:HET), the current Forward Dividend Yield % is 5.09% as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heriot REIT (JSE:HET) Overvalued in 2026?
Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued.
The current stock price of R26.00 is trading 10.5% above its estimated GF Value™ of R23.54.
GuruFocus considers Heriot REIT to be Fairly Valued.
Key valuation signals for JSE:HET:
Forward Dividend Yield %: 5.09%
GF Value™: R23.54 vs. price of R26.00 (10.5% above fair value)
Industry Position: 26% below the REITs median (#633 of 860)
No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
69GF Score
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