Goodman New Zealand and Goodman Property Services (FRA:NJK) Dividend Payout Ratio: 0.00 (As of Sep. 2025)

What is Goodman New Zealand and Goodman Property Services Dividend Payout Ratio?

Goodman New Zealand and Goodman Property Services FRA:NJK 31 Dividend Payout Ratio is 0.00 as of Sep. 2025. GuruFocus rates FRA:NJK with a GF Score™ of 31/100 and a GF Value™ of €0.74 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 718 REITs companies, Goodman New Zealand and Goodman Property Services ranks better than 67.83% 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 New Zealand and Goodman Property Services's Dividend Payout Ratio for the months ended in Sep. 2025 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Goodman New Zealand Ltd and Goodman Property Services Ltd is 0.80, which seems too high.

The historical rank and industry rank for Goodman New Zealand and Goodman Property Services's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Goodman New Zealand and Goodman Property Services was 0.90. The lowest was 0.10. And the median was 0.35.

FRA:NJK's Dividend Payout Ratio is not ranked ^*
in the REITs industry.
Industry Median: 0.99
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-25), the Dividend Yield % of Goodman New Zealand and Goodman Property Services is 0.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Goodman New Zealand and Goodman Property Services was 5.62%. The lowest was 0.83%. And the median was 3.03%.

Goodman New Zealand and Goodman Property Services's Dividends per Share for the months ended in Sep. 2025 was €0.00.

During the past 12 months, Goodman New Zealand and Goodman Property Services's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Goodman New Zealand and Goodman Property Services was 59.90% per year. The lowest was -19.90% per year. And the median was 1.50% 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 New Zealand and Goodman Property Services (FRA:NJK) 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 New Zealand and Goodman Property Services Dividend Payout Ratio Related Terms

Goodman New Zealand and Goodman Property Services Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Goodman New Zealand and Goodman Property Services'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.

Goodman New Zealand and Goodman Property Services Dividend Payout Ratio Chart

Goodman New Zealand and Goodman Property Services Annual Data

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Dividend Payout Ratio

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Goodman New Zealand and Goodman Property Services Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

FRA:NJK vs PLD, PSA, EXR: Dividend Payout Ratio Comparison

For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services'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 New Zealand and Goodman Property Services Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Goodman New Zealand and Goodman Property Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Goodman New Zealand and Goodman Property Services's Dividend Payout Ratio falls into.

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31GF Score

Goodman New Zealand Ltd and Goodman Property Services Ltd FRA:NJK

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

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Goodman New Zealand and Goodman Property Services Dividend Payout Ratio Calculation

Goodman New Zealand and Goodman Property Services's Dividend Payout Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2025 )	/	EPS without NRI (A: Mar. 2025 )
	=	0	/	0.038
	=	0.00

Goodman New Zealand and Goodman Property Services's Dividend Payout Ratio for the quarter that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2025 )	/	EPS without NRI (Q: Sep. 2025 )
	=	0	/	0.02
	=	0.00

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Goodman New Zealand and Goodman Property Services (FRA:NJK) has a Dividend Payout Ratio of 0.00 as of Sep. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. Over the past decade, Goodman New Zealand and Goodman Property Services' Dividend Payout Ratio has ranged from 0.10 to 0.90. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #231 out of 718 companies in the REITs industry, placing it in the top 32.2%.

Is Goodman New Zealand and Goodman Property Services' Dividend Payout Ratio too high?

Goodman New Zealand and Goodman Property Services' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.90. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #231 out of 718 companies in the REITs industry, which is above the industry midpoint. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Goodman New Zealand and Goodman Property Services' Dividend Payout Ratio compare to PLD and PSA?

According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #231 out of 718 companies for Dividend Payout Ratio. This puts Goodman New Zealand and Goodman Property Services in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Historically, Goodman New Zealand and Goodman Property Services' own Dividend Payout Ratio has ranged from 0.10 to 0.90 over the past decade. 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. 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 New Zealand and Goodman Property Services 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 New Zealand and Goodman Property Services's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Goodman New Zealand and Goodman Property Services stock overvalued right now?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (FRA:NJK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.74, compared to a current price of €1.00 — trading 35.1% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 31/100 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 Goodman New Zealand and Goodman Property Services (FRA:NJK), the current Dividend Payout Ratio is 0.00 as of Sep. 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 New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued. The current stock price of €1.00 is trading 35.1% above its estimated GF Value™ of €0.74. GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.

Key valuation signals for FRA:NJK:

Dividend Payout Ratio: 0.00
GF Value™: €0.74 vs. price of €1.00 (35.1% above fair value)
GF Score™: 31/100 with 7 warning signs

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

Goodman New Zealand and Goodman Property Services Business Description

Industry Real Estate REITs

Comparable Companies NZSE:PFI PLD PSA EXR LSE:SGRO EGP LINE SGX:A17U CUBE FR REXR MEX:FIBRAPL14 STAG TRNO XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U TSE:3283 COLD

Other Exchanges GNZ:New Zealand

Address 18 Viaduct Harbour Avenue, Victoria Street West, PO Box 90940, Level 2, KPMG Centre, Auckland, NSW, AUS, 1142

Website https://www.goodman.com

Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

31GF Score

Get the complete analysis for FRA:NJK

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

€1.00

Price

€0.74

GF Value

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