Growthpoint Properties (JSE:GRT) Dividend Payout Ratio: 1.01 (As of Dec. 2025) — Near Median

What is Growthpoint Properties Dividend Payout Ratio?

Growthpoint Properties JSE:GRT +1.17% 54 Dividend Payout Ratio is 1.01 as of Dec. 2025, which is at its 10-year median of 1.01. GuruFocus rates JSE:GRT with a GF Score™ of 54/100 and a GF Value™ of R8.63 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 711 REITs companies, Growthpoint Properties ranks better than 58.93% 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. Growthpoint Properties's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.01.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Growthpoint Properties Ltd is 0.91, which seems too high.

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

JSE:GRT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.01 Max: 2.74
Current: 0.91

During the past 13 years, the highest Dividend Payout Ratio of Growthpoint Properties was 2.74. The lowest was 0.58. And the median was 1.01.

JSE:GRT's Dividend Payout Ratio is ranked better than
58.93% of 711 companies
in the REITs industry
Industry Median: 0.99 vs JSE:GRT: 0.91

As of today (2026-07-11), the Dividend Yield % of Growthpoint Properties is 7.55%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Growthpoint Properties was 20.57%. The lowest was 4.87%. And the median was 8.64%.

Growthpoint Properties's Dividends per Share for the months ended in Dec. 2025 was R0.63.

During the past 12 months, Growthpoint Properties's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Growthpoint Properties was 40.90% per year. The lowest was -21.30% per year. And the median was 6.95% 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.

Growthpoint Properties (JSE:GRT) 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.

Growthpoint Properties Dividend Payout Ratio Related Terms

Growthpoint Properties Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Dividend Payout Ratio Chart

Growthpoint Properties Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

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0.58

0.88

1.21

0.75

Growthpoint Properties Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Dividend Payout Ratio	Get a 7-Day Free Trial															1.17	1.25	0.64	0.83	1.01

JSE:GRT vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Growthpoint Properties'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.

Growthpoint Properties Dividend Payout Ratio vs REITs Industry

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

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

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54GF Score

Growthpoint Properties Ltd JSE:GRT

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

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Growthpoint Properties Dividend Payout Ratio Calculation

Growthpoint Properties's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2025 )	/	EPS without NRI (A: Jun. 2025 )
	=	1.193	/	1.596
	=	0.75

Growthpoint Properties's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	0.633	/	0.625
	=	1.01

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.01 mean?

Growthpoint Properties (JSE:GRT) has a Dividend Payout Ratio of 1.01 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Growthpoint Properties and its competitors. This is near median its historical median of 1.01. Over the past decade, Growthpoint Properties' Dividend Payout Ratio has ranged from 0.58 to 2.74. According to the industry distribution chart, Growthpoint Properties ranks #292 out of 711 companies in the REITs industry, placing it in the top 41.1%.

Is Growthpoint Properties' Dividend Payout Ratio too high?

Growthpoint Properties' current Dividend Payout Ratio of 1.01 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.74. The REITs industry median Dividend Payout Ratio is 0.99. Growthpoint Properties' value of 1.01 is 2% above this industry median. Based on the distribution chart, Growthpoint Properties ranks #292 out of 711 companies in the REITs industry, which is above the industry midpoint. Overall, Growthpoint Properties has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Growthpoint Properties' Dividend Payout Ratio compare to VICI and WPC?

According to the REITs industry distribution chart, Growthpoint Properties ranks #292 out of 711 companies for Dividend Payout Ratio. This puts Growthpoint Properties in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Growthpoint Properties' value of 1.01 is 2% above this benchmark. Historically, Growthpoint Properties' own Dividend Payout Ratio has ranged from 0.58 to 2.74 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.99, Growthpoint Properties has consistently been above 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 711 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. Growthpoint Properties's current Dividend Payout Ratio of 1.01 is 2% above 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 Growthpoint Properties 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. Growthpoint Properties's current Dividend Payout Ratio is 1.01, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Growthpoint Properties stock overvalued right now?

Based on GuruFocus' analysis, Growthpoint Properties (JSE:GRT) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.63, compared to a current price of R17.35 — trading 101% above its estimated fair value. The current Dividend Payout Ratio is 1.01, which is near median its 10-year median of 1.01 and 2% above the REITs industry median of 0.99. Growthpoint Properties' overall GF Score™ is 54/100 with 11 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 Growthpoint Properties (JSE:GRT), the current Dividend Payout Ratio is 1.01 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 Growthpoint Properties (JSE:GRT) Overvalued in 2026?

Based on GuruFocus' analysis, Growthpoint Properties stock appears to be overvalued. The current stock price of R17.35 is trading 101% above its estimated GF Value™ of R8.63. GuruFocus considers Growthpoint Properties to be Significantly Overvalued.

Key valuation signals for JSE:GRT:

Dividend Payout Ratio: 1.01 (near median its 10-year median of 1.01)
GF Value™: R8.63 vs. price of R17.35 (101% above fair value)
GF Score™: 54/100 with 11 warning signs
Industry Position: 2% above the REITs median (#292 of 711)

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

Growthpoint Properties Business Description

Industry Real Estate REITs

Comparable Companies JSE:RDF JSE:ATT JSE:SAC JSE:BTN JSE:HET JSE:SEA JSE:EMI JSE:OCT JSE:OAS JSE:NRL ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Other Exchanges G5JA:Germany

Address 1 Sandton Drive, The Place, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website https://www.growthpoint.co.za

Growthpoint Properties Ltd is an international property company mainly engaged in owning and managing property assets in South Africa, Eastern Europe, Australia, and the UK. Its portfolio comprises various kinds of properties such as office parks, office warehouses, motor outlets, logistics and industrial parks, shopping centres, etc. The group's operating segments are Retail, Office, Logistics and Industrial, Trading and Development, V&A Waterfront, GHPH, GSAH, Lango, GOZ, and GWI. Maximum revenue is generated from its Retail segment, which includes income generated from a portfolio of properties, comprising shopping centres, with the balance being standalone, single-tenanted properties. It includes regional, community, neighbourhood, retail warehouses and speciality centres.

54GF Score

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

R17.35

Price

R8.63

GF Value

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