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Dexus Convenience Retail REIT (ASX:DXC) 3-Year Dividend Growth Rate

: -0.30% (As of Dec. 2023)
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Dexus Convenience Retail REIT's Dividends per Share for the six months ended in Dec. 2023 was A$0.10.

The historical rank and industry rank for Dexus Convenience Retail REIT's 3-Year Dividend Growth Rate or its related term are showing as below:

ASX:DXC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -0.3   Med: 3.4   Max: 6.6
Current: -0.3

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Dexus Convenience Retail REIT was 6.60% per year. The lowest was -0.30% per year. And the median was 3.40% per year.

ASX:DXC's 3-Year Dividend Growth Rate is ranked worse than
61.81% of 508 companies
in the REITs industry
Industry Median: 2.1 vs ASX:DXC: -0.30

During the past 12 months, Dexus Convenience Retail REIT's average Dividends Per Share Growth Rate was -4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% 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.

Dexus Convenience Retail REIT's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Dexus Convenience Retail REIT's Dividend Yield % is 7.90%.

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


Competitive Comparison

For the REIT - Retail subindustry, Dexus Convenience Retail REIT'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.


Dexus Convenience Retail REIT 3-Year Dividend Growth Rate Distribution

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

* The bar in red indicates where Dexus Convenience Retail REIT's 3-Year Dividend Growth Rate falls into.



Dexus Convenience Retail REIT 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.


Dexus Convenience Retail REIT  (ASX:DXC) 3-Year Dividend Growth Rate Explanation

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

Dexus Convenience Retail REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.104/ -0.016
=N/A

During the past 6 years, the highest Dividend Payout Ratio of Dexus Convenience Retail REIT was 0.89. The lowest was 0.35. And the median was 0.42.

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

Dexus Convenience Retail REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0532024-03-272024-03-282024-05-16Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0522023-12-282023-12-292024-02-22Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0522023-09-282023-09-292023-11-09Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0562023-06-292023-06-302023-08-24Cash DividendquarterlyAUD: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.

Dexus Convenience Retail REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.213/2.65
=8.04 %

Current Share Price is A$2.65.
Dexus Convenience Retail REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.213.

During the past 6 years, the highest Dividend Yield of Dexus Convenience Retail REIT was 9.60%. The lowest was 5.23%. And the median was 6.37%.

* 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.


Dexus Convenience Retail REIT 3-Year Dividend Growth Rate Related Terms>


Dexus Convenience Retail REIT (ASX:DXC) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.