National Storage REIT (ASX:NSR) Dividend Payout Ratio

: 4.23 (As of Dec. 2023)

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National Storage REIT's dividend payout ratio for the months ended in Dec. 2023 was 4.23.

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

ASX:NSR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 6.59 Max: 20.5
Current: 0.43

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.

ASX:NSR's Dividend Payout Ratio is ranked better than
89.72% of 564 companies
in the REITs industry
Industry Median: 1.01 vs ASX:NSR: 0.43

As of today (2024-04-18), the Dividend Yield % of National Storage REIT is 4.98%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

National Storage REIT Dividend Payout Ratio Historical Data

The historical data trend for National Storage 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.

National Storage REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

8.64

20.50

0.19

0.43

National Storage REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio																4.60	0.11	3.67	0.23	4.23

Competitive Comparison

For the REIT - Industrial subindustry, National Storage 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.

National Storage REIT Dividend Payout Ratio Distribution

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

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

National Storage REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

National Storage REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.11	/	0.258
	=	0.43

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

National Storage REIT (ASX:NSR) Dividend Payout Ratio Explanation

In dividends investing, 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.

National Storage REIT Dividend Payout Ratio Related Terms

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

National Storage REIT (ASX:NSR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NTSGF:USA

Address

1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.nationalstorageinvest.com.au

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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