Newpark REIT (JSE:NRL) Dividend Payout Ratio: 0.40 (As of Feb. 2026) — 57% Below Median


JSE:NRL Newpark REIT Ltd JSE:NRL
70 GF Score
Price R4.70
GF Value R4.72
Valuation Fairly Valued
! 8 Warning Signs
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What is Newpark REIT Dividend Payout Ratio?

Newpark REIT JSE:NRL 70 Dividend Payout Ratio is 0.40 as of Feb. 2026, which is 57% below its 10-year median of 0.93. GuruFocus rates JSE:NRL with a GF Score™ of 70/100 and a GF Value™ of R4.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 713 REITs companies, Newpark REIT ranks better than 66.06% 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. Newpark REIT's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.40.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Newpark REIT Ltd is 0.83, which seems too high.

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

JSE:NRL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.93   Max: 6.25
Current: 0.83

During the past 12 years, the highest Dividend Payout Ratio of Newpark REIT was 6.25. The lowest was 0.25. And the median was 0.93.

JSE:NRL's Dividend Payout Ratio is ranked better than
66.06% of 713 companies
in the REITs industry
Industry Median: 0.99 vs JSE:NRL: 0.83

As of today (2026-07-07), the Dividend Yield % of Newpark REIT is 10.65%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Newpark REIT was 16.08%. The lowest was 3.73%. And the median was 10.68%.

Newpark REIT's Dividends per Share for the months ended in Feb. 2026 was R0.26.

During the past 12 months, Newpark REIT's average Dividends Per Share Growth Rate was 13.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.00% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Newpark REIT was 29.70% per year. The lowest was -11.60% per year. And the median was 14.00% 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.

Newpark REIT (JSE:NRL) 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.

Newpark REIT Dividend Payout Ratio Related Terms

Newpark REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Newpark REIT'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.

Newpark REIT Dividend Payout Ratio Chart

Newpark REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 0.44 0.00 1.64 0.83

Newpark REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.28 1.03 2.08 0.40

JSE:NRL vs VICI, WPC, BNL: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Newpark REIT'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.

Newpark REIT Dividend Payout Ratio vs REITs Industry

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

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


JSE:NRL
70GF Score
Newpark REIT Ltd JSE:NRL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newpark REIT 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.

Newpark REIT's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2026 )/ EPS without NRI (A: Feb. 2026 )
=0.744/ 0.893
=0.83

Newpark REIT's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2026 )/ EPS without NRI (Q: Feb. 2026 )
=0.26/ 0.659
=0.39

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.40 mean?
Newpark REIT (JSE:NRL) has a Dividend Payout Ratio of 0.40 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Newpark REIT and its competitors. This is 57% below median its historical median of 0.93. Over the past decade, Newpark REIT's Dividend Payout Ratio has ranged from 0.25 to 6.25. According to the industry distribution chart, Newpark REIT ranks #242 out of 713 companies in the REITs industry, placing it in the top 33.9%.
Is Newpark REIT's Dividend Payout Ratio too high?
Newpark REIT's current Dividend Payout Ratio of 0.40 is 57% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 6.25. The REITs industry median Dividend Payout Ratio is 0.99. Newpark REIT's value of 0.40 is 59.6% below this industry median. Based on the distribution chart, Newpark REIT ranks #242 out of 713 companies in the REITs industry, which is above the industry midpoint. Overall, Newpark REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #242 out of 713 companies for Dividend Payout Ratio. This puts Newpark REIT in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Newpark REIT's value of 0.40 is 59.6% below this benchmark. Historically, Newpark REIT's own Dividend Payout Ratio has ranged from 0.25 to 6.25 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.99, Newpark REIT 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 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. Newpark REIT's current Dividend Payout Ratio of 0.40 is 59.6% 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 Newpark REIT 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. Newpark REIT's current Dividend Payout Ratio is 0.40, which is 57% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current Dividend Payout Ratio is 0.40, which is 57% below median its 10-year median of 0.93 and 59.6% below the REITs industry median of 0.99. Newpark REIT's overall GF Score™ is 70/100 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 Newpark REIT (JSE:NRL), the current Dividend Payout Ratio is 0.40 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 Newpark REIT (JSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued. The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72. GuruFocus considers Newpark REIT to be Fairly Valued.

Key valuation signals for JSE:NRL:

  • Dividend Payout Ratio: 0.40 (57% below median its 10-year median of 0.93)
  • GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 59.6% below the REITs median (#242 of 713)

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

Newpark REIT Business Description

Industry Real EstateREITs
Address 51 West Street, Houghton Estate, Houghton, Johannesburg, GT, ZAF, 2198
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
70GF Score

Get the complete analysis for JSE:NRL

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

R4.70
Price
R4.72
GF Value