GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Dividends per Share

Spear REIT (JSE:SEA) Dividends per Share : R0.77 (TTM As of Feb. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Spear REIT Dividends per Share?

Spear REIT's dividends per share for the six months ended in Feb. 2024 was R0.38. Its dividends per share for the trailing twelve months (TTM) ended in Feb. 2024 was R0.77. Its Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.92. As of today, Spear REIT's Dividend Yield % is 9.12%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spear REIT Ltd is 0.95, which seems too high.

Good Sign:

Spear REIT Ltd stock dividend yield is close to 1-year high.

During the past 12 months, Spear REIT's average Dividends Per Share Growth Rate was 6.80% 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 -3.40% 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 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Spear REIT was 8.10% per year. The lowest was -9.20% per year. And the median was -3.25% per year.

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


Spear REIT Dividends per Share Historical Data

The historical data trend for Spear REIT's Dividends per Share can be seen below:

* 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.

* Premium members only.

Spear REIT Dividends per Share Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividends per Share
Get a 7-Day Free Trial 0.89 0.76 0.62 0.72 0.77

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.37 0.39 0.38

Competitive Comparison of Spear REIT's Dividends per Share

For the REIT - Diversified subindustry, Spear REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Spear REIT's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spear REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Spear REIT's Dividend Yield % falls into.



Spear REIT Dividends per Share Calculation

Dividends paid to per common share.


Spear REIT  (JSE:SEA) Dividends per Share Explanation

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

Spear REIT'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 )
=0.383/ 0.417
=0.92

During the past 8 years, the highest Dividend Payout Ratio of Spear REIT was 1.00. The lowest was 0.22. And the median was 0.92.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spear REIT Ltd is 0.95, which seems too high.

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

Spear REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.4053332024-06-122024-06-142024-06-18Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.3832542023-11-152023-11-172023-11-20Cash 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.


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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.788587/8.65
=9.12 %

Current Share Price is R8.65.
Spear REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.788587.

During the past 8 years, the highest Dividend Yield of Spear REIT was 18.08%. The lowest was 5.76%. And the median was 9.16%.

Good Sign:

Spear REIT Ltd stock dividend yield is close to 1-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.


Spear REIT Dividends per Share Related Terms

Thank you for viewing the detailed overview of Spear REIT's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Spear REIT (JSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

From GuruFocus

Wilbur Ross Likes Alcoa, Shipping Industry Due to China

By Bram de Haas Bram de Haas 01-11-2016