Hyprop Investments (JSE:HYP) Dividend Payout Ratio: 0.31 (As of Dec. 2025) — 68% Below Median

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Hyprop Investments Ltd JSE:HYP

61 GF Score

Price R60.10

GF Value R25.82

Valuation Significantly Overvalued

11 Warning Signs

View Full Analysis

What is Hyprop Investments Dividend Payout Ratio?

Hyprop Investments JSE:HYP -1.25% 61 Dividend Payout Ratio is 0.31 as of Dec. 2025, which is 68% below its 10-year median of 0.98. GuruFocus rates JSE:HYP with a GF Score™ of 61/100 and a GF Value™ of R25.82 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 712 REITs companies, Hyprop Investments ranks better than 94.1% 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. Hyprop Investments's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.31.

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

JSE:HYP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.98 Max: 3.43
Current: 0.34

During the past 13 years, the highest Dividend Payout Ratio of Hyprop Investments was 3.43. The lowest was 0.20. And the median was 0.98.

JSE:HYP's Dividend Payout Ratio is ranked better than
94.1% of 712 companies
in the REITs industry
Industry Median: 0.99 vs JSE:HYP: 0.34

As of today (2026-07-16), the Dividend Yield % of Hyprop Investments is 5.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hyprop Investments was 52.20%. The lowest was 1.75%. And the median was 8.19%.

Hyprop Investments's Dividends per Share for the months ended in Dec. 2025 was R1.94.

During the past 12 months, Hyprop Investments's average Dividends Per Share Growth Rate was 9.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hyprop Investments was 65.30% per year. The lowest was -54.90% per year. And the median was 8.85% 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.

Hyprop Investments (JSE:HYP) 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.

Hyprop Investments Dividend Payout Ratio Related Terms

Hyprop Investments Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hyprop Investments'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.

Hyprop Investments Dividend Payout Ratio Chart

Hyprop Investments Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

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0.20

0.76

0.75

1.00

1.28

Hyprop Investments 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															2.70	0.00	0.80	0.39	0.31

JSE:HYP vs SPG, O, KIM: Dividend Payout Ratio Comparison

For the REIT - Retail subindustry, Hyprop Investments'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.

Hyprop Investments Dividend Payout Ratio vs REITs Industry

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

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

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61GF Score

Hyprop Investments Ltd JSE:HYP

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

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Hyprop Investments Dividend Payout Ratio Calculation

Hyprop Investments'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 )
	=	3.934	/	3.063
	=	1.28

Hyprop Investments'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 )
	=	1.943	/	6.25
	=	0.31

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.31 mean?

Hyprop Investments (JSE:HYP) has a Dividend Payout Ratio of 0.31 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hyprop Investments and its competitors. This is 68% below median its historical median of 0.98. Over the past decade, Hyprop Investments' Dividend Payout Ratio has ranged from 0.20 to 3.43. According to the industry distribution chart, Hyprop Investments ranks #42 out of 712 companies in the REITs industry, placing it in the top 5.9%.

Is Hyprop Investments' Dividend Payout Ratio too high?

Hyprop Investments' current Dividend Payout Ratio of 0.31 is 68% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.43. The REITs industry median Dividend Payout Ratio is 0.99. Hyprop Investments' value of 0.31 is 68.7% below this industry median. Based on the distribution chart, Hyprop Investments ranks #42 out of 712 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hyprop Investments has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hyprop Investments' Dividend Payout Ratio compare to SPG and O?

According to the REITs industry distribution chart, Hyprop Investments ranks #42 out of 712 companies for Dividend Payout Ratio. This places Hyprop Investments in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Hyprop Investments' value of 0.31 is 68.7% below this benchmark. Historically, Hyprop Investments' own Dividend Payout Ratio has ranged from 0.20 to 3.43 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.99, Hyprop Investments has consistently been below 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 712 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. Hyprop Investments's current Dividend Payout Ratio of 0.31 is 68.7% below 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 Hyprop Investments 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. Hyprop Investments's current Dividend Payout Ratio is 0.31, which is 68% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hyprop Investments stock overvalued right now?

Based on GuruFocus' analysis, Hyprop Investments (JSE:HYP) is currently considered Significantly Overvalued. The stock's GF Value™ is R25.82, compared to a current price of R60.10 — trading 132.8% above its estimated fair value. The current Dividend Payout Ratio is 0.31, which is 68% below median its 10-year median of 0.98 and 68.7% below the REITs industry median of 0.99. Hyprop Investments' overall GF Score™ is 61/100 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 Hyprop Investments (JSE:HYP), the current Dividend Payout Ratio is 0.31 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 Hyprop Investments (JSE:HYP) Overvalued in 2026?

Based on GuruFocus' analysis, Hyprop Investments stock appears to be overvalued. The current stock price of R60.10 is trading 132.8% above its estimated GF Value™ of R25.82. GuruFocus considers Hyprop Investments to be Significantly Overvalued.

Key valuation signals for JSE:HYP:

Dividend Payout Ratio: 0.31 (68% below median its 10-year median of 0.98)
GF Value™: R25.82 vs. price of R60.10 (132.8% above fair value)
GF Score™: 61/100 with 11 warning signs
Industry Position: 68.7% below the REITs median (#42 of 712)

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

Hyprop Investments Business Description

Industry Real Estate REITs

Comparable Companies JSE:RES JSE:FTA JSE:VKE JSE:DIB JSE:EXP JSE:APF SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC NNN ASX:VCX

Address 21 Cradock Avenue, 2nd Floor, Cradock Heights, Rosebank, Johannesburg, GT, ZAF, 2196

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

Hyprop Investments Ltd is a retail-focused real estate investment trust. It owns and manages a portfolio of retail centres in mixed-use precincts, located in prime economic nodes in South Africa and Eastern Europe. It focuses on creating spaces and connecting people. The company's business segments include: South Africa, Eastern Europe, and Sub-Saharan Africa. The company generates the majority of its revenue in the form of lease revenue, prominently from the South Africa segment.

61GF Score

Get the complete analysis for JSE:HYP

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

R60.10

Price

R25.82

GF Value

View JSE:HYP Analysis

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