Fairvest (JSE:FTB) Dividend Payout Ratio

: 0.26 (As of Sep. 2023)

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Fairvest's dividend payout ratio for the months ended in Sep. 2023 was 0.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fairvest Ltd is 1.11, which seems too high.

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

JSE:FTB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.11 Max: 1.11
Current: 0.37

During the past 2 years, the highest Dividend Payout Ratio of Fairvest was 1.11. The lowest was 0.37. And the median was 1.11.

JSE:FTB's Dividend Payout Ratio is ranked better than
92.02% of 564 companies
in the REITs industry
Industry Median: 1.01 vs JSE:FTB: 0.37

As of today (2024-04-24), the Dividend Yield % of Fairvest is 12.07%.

During the past 2 years, the highest Trailing Annual Dividend Yield of Fairvest was 12.78%. The lowest was 0.00%. And the median was 0.00%.

Fairvest's Dividends per Share for the months ended in Sep. 2023 was R0.21.

The growth rate is calculated with least square regression.

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

Fairvest Dividend Payout Ratio Historical Data

The historical data trend for Fairvest'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.

Fairvest Annual Data

Trend

Jun21

Sep23

Dividend Payout Ratio

0.37

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Dividend Payout Ratio	-	0.61	0.26

Competitive Comparison

For the REIT - Retail subindustry, Fairvest'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.

Fairvest Dividend Payout Ratio Distribution

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

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

Fairvest Dividend Payout Ratio Calculation

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

Fairvest's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.429	/	1.167
	=	0.37

Fairvest's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.21	/	0.805
	=	0.26

Fairvest (JSE:FTB) 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.

Fairvest Dividend Payout Ratio Related Terms

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

Fairvest (JSE:FTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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