Delta Property FundJSE:DLT 32 Dividend Payout Ratio is 0.00 as of Feb. 2026. GuruFocus rates JSE:DLT with a GF Score™ of 32/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 713 REITs companies, Delta Property Fund ranks worse than 140252.31% 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. Delta Property Fund's Dividend Payout Ratio for the
months ended in Feb. 2026 was 0.00.
The historical rank and industry rank for Delta Property Fund's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Delta Property Fund was 2.37. The lowest was 0.90. And the median was 1.21.
JSE:DLT's Dividend Payout Ratio is not ranked *
in the REITs industry.
Industry Median: 0.99 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Delta Property Fund was 225.50%. The lowest was 10.09%. And the median was 18.35%.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Delta Property Fund was 42.40% per year. The lowest was -33.00% per year. And the median was 1.30% 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.
Delta Property Fund (JSE:DLT) 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.
Delta Property Fund Dividend Payout Ratio Related Terms
Delta Property Fund Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Delta Property Fund'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.
JSE:DLT vs BXP, ARE, VNO: Dividend Payout Ratio Comparison
For the REIT - Office subindustry, Delta Property Fund'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.
Delta Property Fund Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Delta Property Fund's Dividend Payout Ratio falls into.
Delta Property Fund Dividend Payout Ratio Calculation
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.
Delta Property Fund's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 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.
Delta Property Fund (JSE:DLT) has a Dividend Payout Ratio of 0.00 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Delta Property Fund and its competitors. Over the past decade, Delta Property Fund's Dividend Payout Ratio has ranged from 0.90 to 2.37. According to the industry distribution chart, Delta Property Fund ranks #999999 out of 713 companies in the REITs industry.
Is Delta Property Fund's Dividend Payout Ratio too high?
Delta Property Fund's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.37. Based on the distribution chart, Delta Property Fund ranks #999999 out of 713 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Delta Property Fund has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Dividend Payout Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #999999 out of 713 companies for Dividend Payout Ratio. This places Delta Property Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Historically, Delta Property Fund's own Dividend Payout Ratio has ranged from 0.90 to 2.37 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 713 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 Delta Property Fund 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. Delta Property Fund'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 Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.45 — trading 95.7% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Delta Property Fund's overall GF Score™ is 32/100 with 8 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 Delta Property Fund (JSE:DLT), the current Dividend Payout Ratio is 0.00 as of Feb. 2026. 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.45 is trading 95.7% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Dividend Payout Ratio: 0.00
GF Value™: R0.23 vs. price of R0.45 (95.7% above fair value)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
32GF Score
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