Novus Properties (XMAU:NOV) Forward Dividend Yield %: 8.82% (As of Jul. 07, 2026)


XMAU:NOV Novus Properties Ltd XMAU:NOV
82 GF Score
Price MUR6.80
GF Value MUR9.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Novus Properties Forward Dividend Yield %?

Novus Properties XMAU:NOV 82 Forward Dividend Yield % is 8.82% as of Jul. 07, 2026. GuruFocus rates XMAU:NOV with a GF Score™ of 82/100 and a GF Value™ of MUR9.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 858 Real Estate companies, Novus Properties ranks better than 90.68% on this metric.

As of today (2026-07-07), the Forward Annual Dividend Yield of Novus Properties is 8.82%.

As of today (2026-07-07), the Trailing Annual Dividend Yield of Novus Properties is 4.41%.

XMAU:NOV's Forward Dividend Yield % is ranked better than
90.68% of 858 companies
in the Real Estate industry
Industry Median: 3.575 vs XMAU:NOV: 8.82

Novus Properties's Dividends per Share for the three months ended in Mar. 2026 was MUR0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Novus Properties was 36.30% per year. The lowest was -22.40% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

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


Novus Properties  (XMAU:NOV) Forward Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Novus Properties Forward Dividend Yield % Related Terms


XMAU:NOV vs CBRE, BEKE, JLL: Forward Dividend Yield % Comparison

For the Real Estate Services subindustry, Novus Properties'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.


Novus Properties Forward Dividend Yield % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Novus Properties's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Novus Properties's Forward Dividend Yield % falls into.


XMAU:NOV
82GF Score
Novus Properties Ltd XMAU:NOV
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novus Properties Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Novus Properties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MUR 0.3000002025-07-152025-07-172025-08-11Cash Dividendsemi-annuallyMUR:MUR 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.

Novus Properties's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/6.80
=8.82 %

Current Share Price is MUR6.80.
Novus Properties's Dividends per Share for the forward twelve months is calculated as MUR0.3 * 2 = MUR0.6.

Novus Properties's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/6.80
=4.41 %

Current Share Price is MUR6.80.
Novus Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is MUR0.3.

* 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 8.82% mean?
Novus Properties (XMAU:NOV) has a Forward Dividend Yield % of 8.82% as of Jul. 07, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Novus Properties and its competitors. According to the industry distribution chart, Novus Properties ranks #80 out of 858 companies in the Real Estate industry, placing it in the top 9.3%.
Is Novus Properties' Forward Dividend Yield % too high?
Novus Properties' current Forward Dividend Yield % is 8.82%. The Real Estate industry median Forward Dividend Yield % is 3.58. Novus Properties' value of 8.82% is 146.7% above this industry median. Based on the distribution chart, Novus Properties ranks #80 out of 858 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Novus Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novus Properties' Forward Dividend Yield % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Novus Properties ranks #80 out of 858 companies for Forward Dividend Yield %. This places Novus Properties in the top 9% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 3.58. Novus Properties' value of 8.82% is 146.7% above 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 Real Estate company?
The median Forward Dividend Yield % among Real Estate companies is 3.58, based on 858 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. Novus Properties's current Forward Dividend Yield % of 8.82% is 146.7% above 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 Novus Properties and its competitors. For the Real Estate industry, the median Forward Dividend Yield % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Properties's current Forward Dividend Yield % is 8.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Properties stock overvalued right now?
Based on GuruFocus' analysis, Novus Properties (XMAU:NOV) is currently considered Modestly Undervalued. The stock's GF Value™ is MUR9.06, compared to a current price of MUR6.80 — trading 24.9% below its estimated fair value. The current Forward Dividend Yield % is 8.82% and 146.7% above the Real Estate industry median of 3.58. Novus Properties' overall GF Score™ is 82/100 with 3 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 Novus Properties (XMAU:NOV), the current Forward Dividend Yield % is 8.82% as of Jul. 07, 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 Novus Properties (XMAU:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Properties stock appears to be undervalued. The current stock price of MUR6.80 is trading 24.9% below its estimated GF Value™ of MUR9.06. GuruFocus considers Novus Properties to be Modestly Undervalued.

Key valuation signals for XMAU:NOV:

  • Forward Dividend Yield %: 8.82%
  • GF Value™: MUR9.06 vs. price of MUR6.80 (24.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 146.7% above the Real Estate median (#80 of 858)

No single metric tells the full story. See the XMAU:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Novus Properties Business Description

Address C/o NWT Secretarial Services Ltd, Wall Street, 3rd Floor, Carleton Tower, Cybercity, Ebene, MUS, 72201
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.
82GF Score

Get the complete analysis for XMAU:NOV

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MUR6.80
Price
MUR9.06
GF Value