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Vicinity CentresASX:VCX 67 3-Year Dividend Growth Rate is 36.30% as of Dec. 2025, which is 764% above its 10-year median of 4.20. GuruFocus rates ASX:VCX with a GF Score™ of 67/100 and a GF Value™ of A$1.81 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 627 REITs companies, Vicinity Centres ranks better than 88.52% on this metric.
The historical rank and industry rank for Vicinity Centres's 3-Year Dividend Growth Rate or its related term are showing as below:
ASX:VCX'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.4 Med: 4.2 Max: 37.5
Current: 36.3
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vicinity Centres was 37.50% per year. The lowest was -33.40% per year. And the median was 4.20% per year.
ASX:VCX's 3-Year Dividend Growth Rate is ranked better than 88.52% of 627
companies
in the REITs industry
Industry Median: 2.7
vs ASX:VCX: 36.30
During the past 12 months, Vicinity Centres's average Dividends Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 36.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -6.60% 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.
During the past 13 years, the highest Dividend Payout Ratio of Vicinity Centres was 1.92. The lowest was 0.18. And the median was 0.55.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Vicinity Centres Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.062000
2026-02-23
2026-02-24
2026-03-12
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.060500
2025-08-25
2025-08-26
2025-09-16
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.
Vicinity Centres's Dividend Yield (%) for Today is calculated as
Current Share Price is A$2.67.
Vicinity Centres's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.1225.
During the past 13 years, the highest Dividend Yield of Vicinity Centres was 16.48%. The lowest was 2.24%. And the median was 5.85%.
Warning Sign:
Vicinity Centres stock Dividend Yield % is close to 3-year low.
* 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.
Vicinity Centres 3-Year Dividend Growth Rate Related Terms>
ASX:VCX vs SPG, O, KIM: 3-Year Dividend Growth Rate Comparison
For the REIT - Retail subindustry, Vicinity Centres'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.
Vicinity Centres 3-Year Dividend Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's 3-Year Dividend Growth Rate falls into.
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.
What does a 3-Year Dividend Growth Rate of 36.30% mean?
Vicinity Centres (ASX:VCX) has a 3-Year Dividend Growth Rate of 36.30% as of Dec. 2025. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Vicinity Centres and its competitors. This is 764% above median its historical median of 4.20. According to the industry distribution chart, Vicinity Centres ranks #72 out of 627 companies in the REITs industry, placing it in the top 11.5%.
Is Vicinity Centres' 3-Year Dividend Growth Rate too high?
Vicinity Centres' current 3-Year Dividend Growth Rate of 36.30% is 764% above median its 10-year median of 4.20. The REITs industry median 3-Year Dividend Growth Rate is 2.70. Vicinity Centres' value of 36.30% is 1244.4% above this industry median. Based on the distribution chart, Vicinity Centres ranks #72 out of 627 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vicinity Centres has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' 3-Year Dividend Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #72 out of 627 companies for 3-Year Dividend Growth Rate. This places Vicinity Centres in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 2.70. Vicinity Centres' value of 36.30% is 1244.4% above this benchmark. While the company's 10-year median is 4.20 vs. the industry median of 2.70, Vicinity Centres has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.70, based on 627 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vicinity Centres's current 3-Year Dividend Growth Rate of 36.30% is 1244.4% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Vicinity Centres and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current 3-Year Dividend Growth Rate is 36.30%, which is 764% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.81, compared to a current price of A$2.67 — trading 47.5% above its estimated fair value. The current 3-Year Dividend Growth Rate is 36.30%, which is 764% above median its 10-year median of 4.20 and 1244.4% above the REITs industry median of 2.70. Vicinity Centres' overall GF Score™ is 67/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current 3-Year Dividend Growth Rate is 36.30% as of Dec. 2025. 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 Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.67 is trading 47.5% above its estimated GF Value™ of A$1.81.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
3-Year Dividend Growth Rate: 36.30% (764% above median its 10-year median of 4.20)
GF Value™: A$1.81 vs. price of A$2.67 (47.5% above fair value)
Industry Position: 1244.4% above the REITs median (#72 of 627)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
67GF Score
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