Carindale Property Trust (ASX:CDP) Dividend Payout Ratio: 0.41 (As of Dec. 2025) — 36% Below Median


ASX:CDP Carindale Property Trust ASX:CDP
60 GF Score
Price A$5.74
GF Value A$3.43
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Carindale Property Trust Dividend Payout Ratio?

Carindale Property Trust ASX:CDP +0.17% 60 Dividend Payout Ratio is 0.41 as of Dec. 2025, which is 36% below its 10-year median of 0.64. GuruFocus rates ASX:CDP with a GF Score™ of 60/100 and a GF Value™ of A$3.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 718 REITs companies, Carindale Property Trust ranks better than 88.16% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Carindale Property Trust's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.41.

The historical rank and industry rank for Carindale Property Trust's Dividend Payout Ratio or its related term are showing as below:

ASX:CDP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.64   Max: 3.65
Current: 0.48

During the past 13 years, the highest Dividend Payout Ratio of Carindale Property Trust was 3.65. The lowest was 0.27. And the median was 0.64.

ASX:CDP's Dividend Payout Ratio is ranked better than
88.16% of 718 companies
in the REITs industry
Industry Median: 0.99 vs ASX:CDP: 0.48

As of today (2026-06-26), the Dividend Yield % of Carindale Property Trust is 5.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Carindale Property Trust was 13.16%. The lowest was 3.72%. And the median was 5.35%.

Carindale Property Trust's Dividends per Share for the months ended in Dec. 2025 was A$0.15.

During the past 12 months, Carindale Property Trust's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Carindale Property Trust was 29.60% per year. The lowest was -23.40% per year. And the median was 5.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Carindale Property Trust (ASX:CDP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Carindale Property Trust Dividend Payout Ratio Related Terms

Carindale Property Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Carindale Property Trust's Dividend Payout Ratio 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.

Carindale Property Trust Dividend Payout Ratio Chart

Carindale Property Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.27 3.65 2.77 0.59

Carindale Property Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.98 0.60 0.58 0.41

ASX:CDP vs SPG, O, KIM: Dividend Payout Ratio Comparison

For the REIT - Retail subindustry, Carindale Property Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Carindale Property Trust Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Carindale Property Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Carindale Property Trust's Dividend Payout Ratio falls into.


ASX:CDP
60GF Score
Carindale Property Trust ASX:CDP
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carindale Property Trust Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Carindale Property Trust's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=0.285/ 0.482
=0.59

Carindale Property Trust'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 )
=0.149/ 0.366
=0.41

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.41 mean?
Carindale Property Trust (ASX:CDP) has a Dividend Payout Ratio of 0.41 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Carindale Property Trust and its competitors. This is 36% below median its historical median of 0.64. Over the past decade, Carindale Property Trust's Dividend Payout Ratio has ranged from 0.27 to 3.65. According to the industry distribution chart, Carindale Property Trust ranks #85 out of 718 companies in the REITs industry, placing it in the top 11.8%.
Is Carindale Property Trust's Dividend Payout Ratio too high?
Carindale Property Trust's current Dividend Payout Ratio of 0.41 is 36% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.65. The REITs industry median Dividend Payout Ratio is 0.99. Carindale Property Trust's value of 0.41 is 58.6% below this industry median. Based on the distribution chart, Carindale Property Trust ranks #85 out of 718 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Carindale Property Trust has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Dividend Payout Ratio compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #85 out of 718 companies for Dividend Payout Ratio. This places Carindale Property Trust in the top 12% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Carindale Property Trust's value of 0.41 is 58.6% below this benchmark. Historically, Carindale Property Trust's own Dividend Payout Ratio has ranged from 0.27 to 3.65 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.99, Carindale Property Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current Dividend Payout Ratio of 0.41 is 58.6% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Carindale Property Trust and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Dividend Payout Ratio is 0.41, which is 36% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.43, compared to a current price of A$5.74 — trading 67.3% above its estimated fair value. The current Dividend Payout Ratio is 0.41, which is 36% below median its 10-year median of 0.64 and 58.6% below the REITs industry median of 0.99. Carindale Property Trust's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current Dividend Payout Ratio is 0.41 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 Carindale Property Trust (ASX:CDP) Overvalued in 2026?

Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued. The current stock price of A$5.74 is trading 67.3% above its estimated GF Value™ of A$3.43. GuruFocus considers Carindale Property Trust to be Significantly Overvalued.

Key valuation signals for ASX:CDP:

  • Dividend Payout Ratio: 0.41 (36% below median its 10-year median of 0.64)
  • GF Value™: A$3.43 vs. price of A$5.74 (67.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 58.6% below the REITs median (#85 of 718)

No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carindale Property Trust Business Description

Industry Real EstateREITs
Address 85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
60GF Score

Get the complete analysis for ASX:CDP

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.74
Price
A$3.43
GF Value