Safari Investments RSA (JSE:SAR) Dividend Payout Ratio: 0.84 (As of Jun. 2025) — 32% Below Median


JSE:SAR Safari Investments RSA Ltd JSE:SAR
67 GF Score
Price R8.40
GF Value R8.83
! 10 Warning Signs
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What is Safari Investments RSA Dividend Payout Ratio?

Safari Investments RSA JSE:SAR 67 Dividend Payout Ratio is 0.84 as of Jun. 2025, which is 32% below its 10-year median of 1.23. GuruFocus rates JSE:SAR with a GF Score™ of 67/100 and a GF Value™ of R8.83. The stock has 10 warning signs investors should review.

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. Safari Investments RSA's Dividend Payout Ratio for the months ended in Jun. 2025 was 0.84.

Warning Sign:

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

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

JSE:SAR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.23   Max: 1.66
Current: 1.11

During the past 13 years, the highest Dividend Payout Ratio of Safari Investments RSA was 1.66. The lowest was 0.78. And the median was 1.23.

JSE:SAR's Dividend Payout Ratio is not ranked
in the REITs industry.
Industry Median: 0.99 vs JSE:SAR: 1.11

As of today (2026-07-09), the Dividend Yield % of Safari Investments RSA is 9.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Safari Investments RSA was 16.86%. The lowest was 7.09%. And the median was 10.46%.

Safari Investments RSA's Dividends per Share for the months ended in Jun. 2025 was R0.34.

During the past 12 months, Safari Investments RSA's average Dividends Per Share Growth Rate was 26.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Safari Investments RSA was 28.10% per year. The lowest was -16.80% per year. And the median was -4.60% 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.

Safari Investments RSA (JSE:SAR) 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.

Safari Investments RSA Dividend Payout Ratio Related Terms

Safari Investments RSA Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA Dividend Payout Ratio Chart

Safari Investments RSA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.03 0.78 0.94 1.11

Safari Investments RSA Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Dec24 Jun25
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 0.84 1.06 0.98 1.44 0.84

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

For the REIT - Diversified subindustry, Safari Investments RSA'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.

Safari Investments RSA Dividend Payout Ratio vs REITs Industry

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

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


JSE:SAR
67GF Score
Safari Investments RSA Ltd JSE:SAR
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Investments RSA 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.

Safari Investments RSA'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 )
=0.82/ 0.74
=1.11

Safari Investments RSA's Dividend Payout Ratio for the quarter that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2025 )/ EPS without NRI (Q: Jun. 2025 )
=0.34/ 0.407
=0.84

* 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 0.84 mean?
Safari Investments RSA (JSE:SAR) has a Dividend Payout Ratio of 0.84 as of Jun. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Safari Investments RSA and its competitors. This is 32% below median its historical median of 1.23. Over the past decade, Safari Investments RSA's Dividend Payout Ratio has ranged from 0.78 to 1.66.
Is Safari Investments RSA's Dividend Payout Ratio too high?
Safari Investments RSA's current Dividend Payout Ratio of 0.84 is 32% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.66. The REITs industry median Dividend Payout Ratio is 0.99. Safari Investments RSA's value of 0.84 is 15.2% below this industry median. Overall, Safari Investments RSA has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Safari Investments RSA's Dividend Payout Ratio compare to VICI and WPC?
Safari Investments RSA's Dividend Payout Ratio of 0.84 can be compared against companies in the REITs industry. The industry median Dividend Payout Ratio is 0.99. Safari Investments RSA's value of 0.84 is 15.2% below this benchmark. Historically, Safari Investments RSA's own Dividend Payout Ratio has ranged from 0.78 to 1.66 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.99, Safari Investments RSA 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 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. Safari Investments RSA's current Dividend Payout Ratio of 0.84 is 15.2% 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 Safari Investments RSA 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. Safari Investments RSA's current Dividend Payout Ratio is 0.84, which is 32% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Investments RSA stock overvalued right now?
Safari Investments RSA (JSE:SAR) has a current Dividend Payout Ratio of 0.84. The stock's GF Value™ is R8.83, compared to a current price of R8.40 — trading 4.9% below its estimated fair value. The current Dividend Payout Ratio is 0.84, which is 32% below median its 10-year median of 1.23 and 15.2% below the REITs industry median of 0.99. Safari Investments RSA's overall GF Score™ is 67/100 with 10 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 Safari Investments RSA (JSE:SAR), the current Dividend Payout Ratio is 0.84 as of Jun. 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 Safari Investments RSA (JSE:SAR) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Investments RSA stock appears to be undervalued. The current stock price of R8.40 is trading 4.9% below its estimated GF Value™ of R8.83.

Key valuation signals for JSE:SAR:

  • Dividend Payout Ratio: 0.84 (32% below median its 10-year median of 1.23)
  • GF Value™: R8.83 vs. price of R8.40 (4.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 15.2% below the REITs median

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

Safari Investments RSA Business Description

Industry Real EstateREITs
Address 410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segments include Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.
67GF Score

Get the complete analysis for JSE:SAR

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

R8.40
Price
R8.83
GF Value