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Redefine Properties (JSE:RDF) 3-Year Dividend Growth Rate : -6.30% (As of Feb. 2024)


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What is Redefine Properties 3-Year Dividend Growth Rate?

Redefine Properties's Dividends per Share for the six months ended in Feb. 2024 was R0.24.

The historical rank and industry rank for Redefine Properties's 3-Year Dividend Growth Rate or its related term are showing as below:

JSE:RDF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -18.6   Med: 6.2   Max: 29.8
Current: -6.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Redefine Properties was 29.80% per year. The lowest was -18.60% per year. And the median was 6.20% per year.

JSE:RDF's 3-Year Dividend Growth Rate is ranked worse than
80.51% of 508 companies
in the REITs industry
Industry Median: 2.65 vs JSE:RDF: -6.30

During the past 12 months, Redefine Properties's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.30% 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.

Redefine Properties's Dividend Payout Ratio for the six months ended in Feb. 2024 was 2.24. As of today, Redefine Properties's Dividend Yield % is 10.88%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Redefine Properties Ltd is 2.28, which seems too high.

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


Competitive Comparison of Redefine Properties's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Redefine Properties's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Redefine Properties's 3-Year Dividend Growth Rate falls into.



Redefine Properties 3-Year Dividend Growth Rate Calculation

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.


Redefine Properties  (JSE:RDF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Redefine Properties's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.235/ 0.105
=2.24

During the past 13 years, the highest Dividend Payout Ratio of Redefine Properties was 2.51. The lowest was 0.93. And the median was 1.09.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Redefine Properties Ltd is 2.28, which seems too high.

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

Redefine Properties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.2027002024-05-222024-05-242024-05-27Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.2348002023-11-222023-11-242023-11-27Cash Dividendsemi-annuallyZAR: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.

Redefine Properties's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4375/4.02
=10.88 %

Current Share Price is R4.02.
Redefine Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.4375.

During the past 13 years, the highest Dividend Yield of Redefine Properties was 51.56%. The lowest was 5.69%. And the median was 8.60%.

* 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.


Redefine Properties 3-Year Dividend Growth Rate Related Terms>


Redefine Properties (JSE:RDF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

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