Dexus Industria REIT (ASX:DXI) Dividend Payout Ratio: 0.61 (As of Dec. 2025) — Near Median

What is Dexus Industria REIT Dividend Payout Ratio?

Dexus Industria REIT ASX:DXI +1.21% 77 Dividend Payout Ratio is 0.61 as of Dec. 2025, which is 5% above its 10-year median of 0.58. GuruFocus rates ASX:DXI with a GF Score™ of 77/100 and a GF Value™ of A$3.61 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 717 REITs companies, Dexus Industria REIT ranks worse than 66.53% 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. Dexus Industria REIT's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dexus Industria REIT is 1.22, which seems too high.

The historical rank and industry rank for Dexus Industria REIT's Dividend Payout Ratio or its related term are showing as below:

ASX:DXI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.58 Max: 1.37
Current: 1.22

During the past 12 years, the highest Dividend Payout Ratio of Dexus Industria REIT was 1.37. The lowest was 0.24. And the median was 0.58.

ASX:DXI's Dividend Payout Ratio is ranked worse than
66.53% of 717 companies
in the REITs industry
Industry Median: 0.99 vs ASX:DXI: 1.22

As of today (2026-06-28), the Dividend Yield % of Dexus Industria REIT is 6.62%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Dexus Industria REIT was 8.47%. The lowest was 4.65%. And the median was 6.06%.

Dexus Industria REIT's Dividends per Share for the months ended in Dec. 2025 was A$0.08.

During the past 12 months, Dexus Industria REIT's average Dividends Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dexus Industria REIT was 19.10% per year. The lowest was -1.80% per year. And the median was 1.20% 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.

Dexus Industria REIT (ASX:DXI) 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.

Dexus Industria REIT Dividend Payout Ratio Related Terms

Dexus Industria REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dexus Industria REIT'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.

Dexus Industria REIT Dividend Payout Ratio Chart

Dexus Industria REIT Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.34

0.32

0.00

0.98

Dexus Industria REIT 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															0.00	3.73	0.49	0.00	0.61

ASX:DXI vs PLD, PSA, EXR: Dividend Payout Ratio Comparison

For the REIT - Industrial subindustry, Dexus Industria REIT'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.

Dexus Industria REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Dexus Industria REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dexus Industria REIT's Dividend Payout Ratio falls into.

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77GF Score

Dexus Industria REIT ASX:DXI

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Dexus Industria REIT Dividend Payout Ratio Calculation

Dexus Industria REIT'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 )
	=	0.164	/	0.167
	=	0.98

Dexus Industria REIT'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 )
	=	0.083	/	0.137
	=	0.61

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.61 mean?

Dexus Industria REIT (ASX:DXI) has a Dividend Payout Ratio of 0.61 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dexus Industria REIT and its competitors. This is near median its historical median of 0.58. Over the past decade, Dexus Industria REIT's Dividend Payout Ratio has ranged from 0.24 to 1.37. According to the industry distribution chart, Dexus Industria REIT ranks #477 out of 717 companies in the REITs industry, placing it in the top 66.5%.

Is Dexus Industria REIT's Dividend Payout Ratio too high?

Dexus Industria REIT's current Dividend Payout Ratio of 0.61 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.37. The REITs industry median Dividend Payout Ratio is 0.99. Dexus Industria REIT's value of 0.61 is 38.4% below this industry median. Based on the distribution chart, Dexus Industria REIT ranks #477 out of 717 companies in the REITs industry, which is below the industry midpoint. Overall, Dexus Industria REIT has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Dexus Industria REIT's Dividend Payout Ratio compare to PLD and PSA?

According to the REITs industry distribution chart, Dexus Industria REIT ranks #477 out of 717 companies for Dividend Payout Ratio. This places Dexus Industria REIT in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Dexus Industria REIT's value of 0.61 is 38.4% below this benchmark. Historically, Dexus Industria REIT's own Dividend Payout Ratio has ranged from 0.24 to 1.37 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.99, Dexus Industria REIT 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 717 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. Dexus Industria REIT's current Dividend Payout Ratio of 0.61 is 38.4% 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 Dexus Industria REIT 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. Dexus Industria REIT's current Dividend Payout Ratio is 0.61, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Dexus Industria REIT stock overvalued right now?

Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.61, compared to a current price of A$2.50 — trading 30.7% below its estimated fair value. The current Dividend Payout Ratio is 0.61, which is near median its 10-year median of 0.58 and 38.4% below the REITs industry median of 0.99. Dexus Industria REIT's overall GF Score™ is 77/100 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 Dexus Industria REIT (ASX:DXI), the current Dividend Payout Ratio is 0.61 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 Dexus Industria REIT (ASX:DXI) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued. The current stock price of A$2.50 is trading 30.7% below its estimated GF Value™ of A$3.61. GuruFocus considers Dexus Industria REIT to be Possible Value Trap.

Key valuation signals for ASX:DXI:

Dividend Payout Ratio: 0.61 (near median its 10-year median of 0.58)
GF Value™: A$3.61 vs. price of A$2.50 (30.7% below fair value)
GF Score™: 77/100 with 7 warning signs
Industry Position: 38.4% below the REITs median (#477 of 717)

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

Dexus Industria REIT Business Description

Industry Real Estate REITs

Comparable Companies ASX:CIP ASX:ASK ASX:BWP PLD PSA EXR LSE:SGRO EGP LINE SGX:A17U CUBE FR REXR MEX:FIBRAPL14 STAG TRNO XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U

Address 50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000

Website https://www.dexus.com

Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.

77GF Score

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

A$2.50

Price

A$3.61

GF Value

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