Goodman GroupFRA:MY4 -2.13%82 Dividend Payout Ratio is 0.38 as of Dec. 2025, which is 3% above its 10-year median of 0.37. GuruFocus rates FRA:MY4 with a GF Score™ of 82/100 and a GF Value™ of €23.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 714 REITs companies, Goodman Group ranks better than 93.7% 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. Goodman Group's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.38.
The historical rank and industry rank for Goodman Group's Dividend Payout Ratio or its related term are showing as below:
FRA:MY4'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.37 Max: 0.53
Current: 0.36
During the past 13 years, the highest Dividend Payout Ratio of Goodman Group was 0.53. The lowest was 0.25. And the median was 0.37.
FRA:MY4's Dividend Payout Ratio is ranked better than 93.7% of 714
companies
in the REITs industry
Industry Median: 0.99
vs FRA:MY4: 0.36
During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Goodman Group was 37.90% per year. The lowest was -51.10% per year. And the median was 3.40% 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.
Goodman Group (FRA:MY4) 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.
Goodman Group Dividend Payout Ratio Related Terms
Goodman Group Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Goodman Group'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.
FRA:MY4 vs VICI, WPC, BNL: Dividend Payout Ratio Comparison
For the REIT - Diversified subindustry, Goodman Group'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.
Goodman Group Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Goodman Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Goodman Group's Dividend Payout Ratio falls into.
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.
Goodman Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Goodman Group (FRA:MY4) has a Dividend Payout Ratio of 0.38 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Goodman Group and its competitors. This is near median its historical median of 0.37. Over the past decade, Goodman Group's Dividend Payout Ratio has ranged from 0.25 to 0.53. According to the industry distribution chart, Goodman Group ranks #45 out of 714 companies in the REITs industry, placing it in the top 6.3%.
Is Goodman Group's Dividend Payout Ratio too high?
Goodman Group's current Dividend Payout Ratio of 0.38 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.53. The REITs industry median Dividend Payout Ratio is 0.99. Goodman Group's value of 0.38 is 61.6% below this industry median. Based on the distribution chart, Goodman Group ranks #45 out of 714 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Goodman Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodman Group's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Goodman Group ranks #45 out of 714 companies for Dividend Payout Ratio. This places Goodman Group in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Goodman Group's value of 0.38 is 61.6% below this benchmark. Historically, Goodman Group's own Dividend Payout Ratio has ranged from 0.25 to 0.53 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.99, Goodman Group 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 714 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. Goodman Group's current Dividend Payout Ratio of 0.38 is 61.6% 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 Goodman Group 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. Goodman Group's current Dividend Payout Ratio is 0.38, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman Group stock overvalued right now?
Based on GuruFocus' analysis, Goodman Group (FRA:MY4) is currently considered Modestly Undervalued. The stock's GF Value™ is €23.66, compared to a current price of €18.67 — trading 21.1% below its estimated fair value. The current Dividend Payout Ratio is 0.38, which is near median its 10-year median of 0.37 and 61.6% below the REITs industry median of 0.99. Goodman Group's overall GF Score™ is 82/100 with 6 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 Goodman Group (FRA:MY4), the current Dividend Payout Ratio is 0.38 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 Goodman Group (FRA:MY4) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman Group stock appears to be undervalued.
The current stock price of €18.67 is trading 21.1% below its estimated GF Value™ of €23.66.
GuruFocus considers Goodman Group to be Modestly Undervalued.
Key valuation signals for FRA:MY4:
Dividend Payout Ratio: 0.38 (near median its 10-year median of 0.37)
GF Value™: €23.66 vs. price of €18.67 (21.1% below fair value)
Industry Position: 61.6% below the REITs median (#45 of 714)
No single metric tells the full story. See the FRA:MY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
82GF Score
Get the complete analysis for FRA:MY4
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MY4 has been successfully added to your 
