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National Storage REIT (ASX:NSR) 3-Year Dividend Growth Rate : 10.70% (As of Dec. 2023)


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What is National Storage REIT 3-Year Dividend Growth Rate?

National Storage REIT's Dividends per Share for the six months ended in Dec. 2023 was A$0.06.

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

ASX:NSR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.8   Med: 4.2   Max: 35
Current: 10.7

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of National Storage REIT was 35.00% per year. The lowest was -4.80% per year. And the median was 4.20% per year.

ASX:NSR's 3-Year Dividend Growth Rate is ranked better than
76.68% of 506 companies
in the REITs industry
Industry Median: 2.1 vs ASX:NSR: 10.70

During the past 12 months, National Storage REIT's average Dividends Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.60% 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.

National Storage REIT's Dividend Payout Ratio for the six months ended in Dec. 2023 was 4.23. As of today, National Storage REIT's Dividend Yield % is 5.16%.

Good Sign:

National Storage REIT stock dividend yield is close to 3-year high.

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


Competitive Comparison of National Storage REIT's 3-Year Dividend Growth Rate

For the REIT - Industrial subindustry, National Storage 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.


National Storage REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

* The bar in red indicates where National Storage REIT's 3-Year Dividend Growth Rate falls into.



National Storage 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.


National Storage REIT  (ASX:NSR) 3-Year Dividend Growth Rate Explanation

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

National Storage 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 )
=0.055/ 0.013
=4.23

During the past 10 years, the highest Dividend Payout Ratio of National Storage REIT was 20.50. The lowest was 0.19. And the median was 6.59.

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

National Storage REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0552023-12-282023-12-292024-03-01Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0552023-06-292023-06-302023-09-05Cash 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.

National Storage REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.11/2.13
=5.16 %

Current Share Price is A$2.13.
National Storage REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.11.

During the past 10 years, the highest Dividend Yield of National Storage REIT was 6.63%. The lowest was 2.35%. And the median was 4.92%.

Good Sign:

National Storage REIT stock dividend yield is close to 3-year high.

* 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.


National Storage REIT 3-Year Dividend Growth Rate Related Terms>


National Storage REIT (ASX:NSR) Business Description

Industry
Traded in Other Exchanges
Address
1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is the largest self-storage provider in Australia and New Zealand. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centres are in city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus Storage King operate over a third of the market. NSR plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.

National Storage REIT (ASX:NSR) Headlines

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