SAorate Real Estate (JSE:SAC) Dividend Payout Ratio: 1.19 (As of Dec. 2025) — 20% Above Median


JSE:SAC SA Corporate Real Estate Ltd JSE:SAC
69 GF Score
Price R3.64
GF Value R2.34
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is SAorate Real Estate Dividend Payout Ratio?

SAorate Real Estate JSE:SAC +1.11% 69 Dividend Payout Ratio is 1.19 as of Dec. 2025, which is 20% above its 10-year median of 0.99. GuruFocus rates JSE:SAC with a GF Score™ of 69/100 and a GF Value™ of R2.34 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 714 REITs companies, SAorate Real Estate ranks worse than 56.02% 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. SAorate Real Estate's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.19.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SA Corporate Real Estate Ltd is 1.05, which seems too high.

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

JSE:SAC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.99   Max: 3.33
Current: 1.05

During the past 13 years, the highest Dividend Payout Ratio of SAorate Real Estate was 3.33. The lowest was 0.37. And the median was 0.99.

JSE:SAC's Dividend Payout Ratio is ranked worse than
56.02% of 714 companies
in the REITs industry
Industry Median: 0.99 vs JSE:SAC: 1.05

As of today (2026-07-03), the Dividend Yield % of SAorate Real Estate is 7.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SAorate Real Estate was 51.13%. The lowest was 6.36%. And the median was 9.24%.

SAorate Real Estate's Dividends per Share for the months ended in Dec. 2025 was R0.13.

During the past 12 months, SAorate Real Estate's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SAorate Real Estate was 10.00% per year. The lowest was -26.20% per year. And the median was -0.10% 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.

SAorate Real Estate (JSE:SAC) 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.

SAorate Real Estate Dividend Payout Ratio Related Terms

SAorate Real Estate Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Dividend Payout Ratio Chart

SAorate Real Estate Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 0.83 0.99 0.93 1.05

SAorate Real Estate 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 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 0.32 0.83 1.05 0.93 1.19

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

For the REIT - Diversified subindustry, SAorate Real Estate'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.

SAorate Real Estate Dividend Payout Ratio vs REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Dividend Payout Ratio falls into.


JSE:SAC
69GF Score
SA Corporate Real Estate Ltd JSE:SAC
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAorate Real Estate 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.

SAorate Real Estate's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.253/ 0.241
=1.05

SAorate Real Estate'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 )
=0.13/ 0.109
=1.19

* 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 1.19 mean?
SAorate Real Estate (JSE:SAC) has a Dividend Payout Ratio of 1.19 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SAorate Real Estate and its competitors. This is 20% above median its historical median of 0.99. Over the past decade, SAorate Real Estate's Dividend Payout Ratio has ranged from 0.37 to 3.33. According to the industry distribution chart, SAorate Real Estate ranks #400 out of 714 companies in the REITs industry, placing it in the top 56%.
Is SAorate Real Estate's Dividend Payout Ratio too high?
SAorate Real Estate's current Dividend Payout Ratio of 1.19 is 20% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 3.33. The REITs industry median Dividend Payout Ratio is 0.99. SAorate Real Estate's value of 1.19 is 20.2% above this industry median. Based on the distribution chart, SAorate Real Estate ranks #400 out of 714 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #400 out of 714 companies for Dividend Payout Ratio. This places SAorate Real Estate in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. SAorate Real Estate's value of 1.19 is 20.2% above this benchmark. Historically, SAorate Real Estate's own Dividend Payout Ratio has ranged from 0.37 to 3.33 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.99, SAorate Real Estate 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 714 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. SAorate Real Estate's current Dividend Payout Ratio of 1.19 is 20.2% 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 SAorate Real Estate 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. SAorate Real Estate's current Dividend Payout Ratio is 1.19, which is 20% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.34, compared to a current price of R3.64 — trading 55.6% above its estimated fair value. The current Dividend Payout Ratio is 1.19, which is 20% above median its 10-year median of 0.99 and 20.2% above the REITs industry median of 0.99. SAorate Real Estate's overall GF Score™ is 69/100 with 13 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 SAorate Real Estate (JSE:SAC), the current Dividend Payout Ratio is 1.19 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?

Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued. The current stock price of R3.64 is trading 55.6% above its estimated GF Value™ of R2.34. GuruFocus considers SAorate Real Estate to be Significantly Overvalued.

Key valuation signals for JSE:SAC:

  • Dividend Payout Ratio: 1.19 (20% above median its 10-year median of 0.99)
  • GF Value™: R2.34 vs. price of R3.64 (55.6% above fair value)
  • GF Score™: 69/100 with 13 warning signs
  • Industry Position: 20.2% above the REITs median (#400 of 714)

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

SAorate Real Estate Business Description

Industry Real EstateREITs
Address Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
69GF Score

Get the complete analysis for JSE:SAC

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

R3.64
Price
R2.34
GF Value