HomeCo Daily Needs REIT (ASX:HDN) Dividend Payout Ratio : 0.77 (As of Dec. 2024)

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What is HomeCo Daily Needs REIT Dividend Payout Ratio?

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. HomeCo Daily Needs REIT's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HomeCo Daily Needs REIT is 0.84, which seems too high.

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

ASX:HDN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 1.69 Max: 2.08
Current: 0.84

During the past 3 years, the highest Dividend Payout Ratio of HomeCo Daily Needs REIT was 2.08. The lowest was 0.30. And the median was 1.69.

ASX:HDN's Dividend Payout Ratio is ranked better than
68.95% of 686 companies
in the REITs industry
Industry Median: 1 vs ASX:HDN: 0.84

As of today (2025-04-03), the Dividend Yield % of HomeCo Daily Needs REIT is 7.01%.

During the past 3 years, the highest Trailing Annual Dividend Yield of HomeCo Daily Needs REIT was 7.90%. The lowest was 5.99%. And the median was 6.78%.

HomeCo Daily Needs REIT's Dividends per Share for the months ended in Dec. 2024 was A$0.04.

During the past 12 months, HomeCo Daily Needs REIT's average Dividends Per Share Growth Rate 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.

HomeCo Daily Needs REIT Dividend Payout Ratio Historical Data

The historical data trend for HomeCo Daily Needs 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.

* Premium members only.

HomeCo Daily Needs REIT Dividend Payout Ratio Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Jun24

Dividend Payout Ratio

0.30

1.69

2.08

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial			0.91	14.00	-	0.93	0.77

Competitive Comparison of HomeCo Daily Needs REIT's Dividend Payout Ratio

For the REIT - Retail subindustry, HomeCo Daily Needs 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.

HomeCo Daily Needs REIT's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where HomeCo Daily Needs REIT's Dividend Payout Ratio falls into.

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HomeCo Daily Needs REIT Dividend Payout Ratio Calculation

HomeCo Daily Needs REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.083	/	0.04
	=	2.08

HomeCo Daily Needs REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0.043	/	0.056
	=	0.77

HomeCo Daily Needs REIT (ASX:HDN) 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.

HomeCo Daily Needs REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of HomeCo Daily Needs REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

HomeCo Daily Needs REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HomeCo Daily Needs REIT is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. The company generates revenue from Property rental and Other property income. The company invests in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail, and Health & Services.

HomeCo Daily Needs REIT Headlines

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