Getty Realty (Getty Realty) Dividend Payout Ratio

: 1.65 (As of Dec. 2023)

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Getty Realty's dividend payout ratio for the months ended in Dec. 2023 was 1.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Getty Realty Corp is 1.50, which seems too high.

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

GTY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.99 Max: 1.5
Current: 1.5

During the past 13 years, the highest Dividend Payout Ratio of Getty Realty was 1.50. The lowest was 0.70. And the median was 0.99.

GTY's Dividend Payout Ratio is ranked worse than
73.13% of 562 companies
in the REITs industry
Industry Median: 1.015 vs GTY: 1.50

As of today (2024-04-16), the Dividend Yield % of Getty Realty is 6.73%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Getty Realty was 7.74%. The lowest was 2.55%. And the median was 4.68%.

Getty Realty's Dividends per Share for the months ended in Dec. 2023 was $0.45.

During the past 12 months, Getty Realty'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 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Getty Realty was 110.90% per year. The lowest was -41.70% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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

Getty Realty Dividend Payout Ratio Historical Data

The historical data trend for Getty Realty'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.

Getty Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.14

0.92

1.35

1.00

1.50

Getty Realty Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.97	1.54	1.46	1.36	1.65

Competitive Comparison

For the REIT - Retail subindustry, Getty Realty'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.

Getty Realty Dividend Payout Ratio Distribution

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

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

Getty Realty Dividend Payout Ratio Calculation

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

Getty Realty's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.74	/	1.16
	=	1.50

Getty Realty'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 )
	=	0.45	/	0.272
	=	1.65

Getty Realty (NYSE:GTY) 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.

Getty Realty Dividend Payout Ratio Related Terms

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

Getty Realty (Getty Realty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Getty Realty Corp (NYSE:GTY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GRL:Germany GRL:Germany

Address

292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318

Website

https://www.gettyrealty.com

Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.

Executives

Evelyn Leon Infurna	director	292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318
Brian Robert Dickman	officer: EVP, CFO and Treasurer	411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Leo Liebowitz	director, 10 percent owner, officer: Pres. & CEO	2 JERICHO PLAZA, JERICHO NY 11753
Coviello Philip E Jr	director	GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mary Louise Malanoski	director	44 BARROW STREET, NEW YORK NY 10014
Richard E Montag	director	C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mark James Olear	officer: Exec VP & Chief Operating Ofc	C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Danion Fielding	officer: VP, CFO & Treasurer	TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Eugene Shnayderman	officer: See Remarks	TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Christopher J Constant	director, officer: President & CEO	2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Joshua Dicker	officer: Ex VP, Gen Counsel & Secretary	C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Milton Cooper	director	C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042
James Russell Craig	officer: Vice President	125 JERICHO TPKE, SUITE 103, JERICHO NY 11753
David B Driscoll	director	C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302
Warren Wintrub	director