Dexus (DEXSF) Dividend Payout Ratio: 0.58 (As of Dec. 2025) — 53% Above Median

Dexus DEXSF 65 Dividend Payout Ratio is 0.58 as of Dec. 2025, which is 53% above its 10-year median of 0.38. GuruFocus rates DEXSF with a GF Score™ of 65/100 and a GF Value™ of $5.15 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 718 REITs companies, Dexus ranks better than 67.69% 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's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.58.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dexus is 0.80, which seems too high.

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

DEXSF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.38 Max: 1.62
Current: 0.79

During the past 13 years, the highest Dividend Payout Ratio of Dexus was 1.62. The lowest was 0.28. And the median was 0.38.

DEXSF's Dividend Payout Ratio is ranked better than
67.69% of 718 companies
in the REITs industry
Industry Median: 0.99 vs DEXSF: 0.79

As of today (2026-06-26), the Dividend Yield % of Dexus is 6.70%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dexus was 7.99%. The lowest was 3.50%. And the median was 5.06%.

Dexus's Dividends per Share for the months ended in Dec. 2025 was $0.13.

During the past 12 months, Dexus's average Dividends Per Share Growth Rate was -7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dexus was 31.30% per year. The lowest was -37.30% per year. And the median was 3.05% 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 (OTCPK:DEXSF) 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 Dividend Payout Ratio Related Terms

Dexus Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dexus'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 Dividend Payout Ratio Chart

Dexus Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

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0.49

0.36

0.00

1.62

Dexus 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	0.00	20.00	1.32	0.58

DEXSF vs BXP, ARE, VNO: Dividend Payout Ratio Comparison

For the REIT - Office subindustry, Dexus'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 Dividend Payout Ratio vs REITs Industry

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

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

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65GF Score

Dexus DEXSF

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

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Dexus Dividend Payout Ratio Calculation

Dexus'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 )
	=	0.241	/	0.149
	=	1.62

Dexus'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 )
	=	0.128	/	0.22
	=	0.58

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.58 mean?

Dexus (DEXSF) has a Dividend Payout Ratio of 0.58 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dexus and its competitors. This is 53% above median its historical median of 0.38. Over the past decade, Dexus' Dividend Payout Ratio has ranged from 0.28 to 1.62. According to the industry distribution chart, Dexus ranks #232 out of 718 companies in the REITs industry, placing it in the top 32.3%.

Is Dexus' Dividend Payout Ratio too high?

Dexus' current Dividend Payout Ratio of 0.58 is 53% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.62. The REITs industry median Dividend Payout Ratio is 0.99. Dexus' value of 0.58 is 41.4% below this industry median. Based on the distribution chart, Dexus ranks #232 out of 718 companies in the REITs industry, which is above the industry midpoint. Overall, Dexus has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Dexus' Dividend Payout Ratio compare to BXP and ARE?

According to the REITs industry distribution chart, Dexus ranks #232 out of 718 companies for Dividend Payout Ratio. This puts Dexus in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Dexus' value of 0.58 is 41.4% below this benchmark. Historically, Dexus' own Dividend Payout Ratio has ranged from 0.28 to 1.62 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.99, Dexus 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. Dexus's current Dividend Payout Ratio of 0.58 is 41.4% 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 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's current Dividend Payout Ratio is 0.58, which is 53% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Dexus stock overvalued right now?

Based on GuruFocus' analysis, Dexus (DEXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.15, compared to a current price of $3.80 — trading 26.2% below its estimated fair value. The current Dividend Payout Ratio is 0.58, which is 53% above median its 10-year median of 0.38 and 41.4% below the REITs industry median of 0.99. Dexus' overall GF Score™ is 65/100 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 (DEXSF), the current Dividend Payout Ratio is 0.58 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 (DEXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus stock appears to be undervalued. The current stock price of $3.80 is trading 26.2% below its estimated GF Value™ of $5.15. GuruFocus considers Dexus to be Modestly Undervalued.

Key valuation signals for DEXSF:

Dividend Payout Ratio: 0.58 (53% above median its 10-year median of 0.38)
GF Value™: $5.15 vs. price of $3.80 (26.2% below fair value)
GF Score™: 65/100 with 7 warning signs
Industry Position: 41.4% below the REITs median (#232 of 718)

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

Dexus Business Description

Industry Real Estate REITs

Comparable Companies ASX:GOZ ASX:CMW ASX:COF ASX:AOF XMAD:MRL BXP ARE TSE:8951 VNO XPAR:GFC SGX:N2IU TSE:8952 SGX:AJBU CUZ BOM:542602 XMAD:COL KRC NSE:BAGMANE CDP SGX:K71U

Other Exchanges DXS:Australia

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

Website https://www.dexus.com

Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.

65GF Score

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

$3.80

Price

$5.15

GF Value

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