Vicinity Centres (ASX:VCX) 5-Year Dividend Growth Rate: 11.00% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ASX:VCX Vicinity Centres ASX:VCX
65 GF Score
Price A$2.58
GF Value A$1.90
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vicinity Centres 5-Year Dividend Growth Rate?

Vicinity Centres ASX:VCX -2.27% 65 5-Year Dividend Growth Rate is 11.00% as of Dec. 2025. GuruFocus rates ASX:VCX with a GF Score™ of 65/100 and a GF Value™ of A$1.90 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 447 REITs companies, Vicinity Centres ranks better than 81.66% on this metric.

Vicinity Centres's Dividends per Share for the six months ended in Dec. 2025 was A$0.06.

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 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.

Vicinity Centres's Dividend Payout Ratio for the six months ended in Dec. 2025 was 0.35. As of today, Vicinity Centres's Dividend Yield % is 4.64%.

Warning Sign:

Vicinity Centres stock Dividend Yield % is close to 3-year low.

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


Vicinity Centres  (ASX:VCX) 5-Year Dividend Growth Rate Explanation

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

Vicinity Centres's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.061/ 0.175
=0.35

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 0.0620002026-02-232026-02-242026-03-12Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0605002025-08-252025-08-262025-09-16Cash Dividendsemi-annuallyAUD: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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1225/2.58
=4.75 %

Current Share Price is A$2.58.
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 5-Year Dividend Growth Rate Related Terms


ASX:VCX vs SPG, O, KIM: 5-Year Dividend Growth Rate Comparison

For the REIT - Retail subindustry, Vicinity Centres's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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 5-Year Dividend Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, Vicinity Centres's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Vicinity Centres's 5-Year Dividend Growth Rate falls into.


ASX:VCX
65GF Score
Vicinity Centres ASX:VCX
5-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicinity Centres 5-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 least square regression.

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 5-Year Dividend Growth Rate of 11.00% mean?
Vicinity Centres (ASX:VCX) has a 5-Year Dividend Growth Rate of 11.00% as of Dec. 2025. 5-Year Dividend Growth Rate is the company's five-year average growth of dividend payout. View historical data on Vicinity Centres and its competitors. According to the industry distribution chart, Vicinity Centres ranks #82 out of 447 companies in the REITs industry, placing it in the top 18.3%.
Is Vicinity Centres' 5-Year Dividend Growth Rate too high?
Vicinity Centres' current 5-Year Dividend Growth Rate is 11.00%. The REITs industry median 5-Year Dividend Growth Rate is 1.90. Vicinity Centres' value of 11.00% is 478.9% above this industry median. Based on the distribution chart, Vicinity Centres ranks #82 out of 447 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 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' 5-Year Dividend Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #82 out of 447 companies for 5-Year Dividend Growth Rate. This places Vicinity Centres in the top 18% of its industry — outperforming the majority of peers. The industry median 5-Year Dividend Growth Rate is 1.90. Vicinity Centres' value of 11.00% is 478.9% 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 5-Year Dividend Growth Rate for a REITs company?
The median 5-Year Dividend Growth Rate among REITs companies is 1.90, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 5-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 5-Year Dividend Growth Rate of 11.00% is 478.9% 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 5-Year Dividend Growth Rate mean?
A high 5-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 5-Year Dividend Growth Rate is the company's five-year average growth of dividend payout. View historical data on Vicinity Centres and its competitors. For the REITs industry, the median 5-Year Dividend Growth Rate is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current 5-Year Dividend Growth Rate is 11.00%. 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$1.90, compared to a current price of A$2.58 — trading 35.8% above its estimated fair value. The current 5-Year Dividend Growth Rate is 11.00% and 478.9% above the REITs industry median of 1.90. Vicinity Centres' overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Dividend Growth Rate calculated?
5-Year Dividend Growth Rate is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current 5-Year Dividend Growth Rate is 11.00% 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$2.58 is trading 35.8% above its estimated GF Value™ of A$1.90. GuruFocus considers Vicinity Centres to be Significantly Overvalued.

Key valuation signals for ASX:VCX:

  • 5-Year Dividend Growth Rate: 11.00%
  • GF Value™: A$1.90 vs. price of A$2.58 (35.8% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 478.9% above the REITs median (#82 of 447)

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 Business Description

Industry Real EstateREITs
Other Exchanges CNRAF:USA
Address 1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
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.
65GF Score

Get the complete analysis for ASX:VCX

5-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.58
Price
A$1.90
GF Value