Stor-Age Property REITJSE:SSS +0.88%77 Dividend Payout Ratio is 0.52 as of Mar. 2026, which is 51% below its 10-year median of 1.06. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 714 REITs companies, Stor-Age Property REIT ranks better than 78.29% 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. Stor-Age Property REIT's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.52.
The historical rank and industry rank for Stor-Age Property REIT's Dividend Payout Ratio or its related term are showing as below:
JSE:SSS'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 1.06 Max: 2.09
Current: 0.65
During the past 11 years, the highest Dividend Payout Ratio of Stor-Age Property REIT was 2.09. The lowest was 0.40. And the median was 1.06.
JSE:SSS's Dividend Payout Ratio is ranked better than 78.29% of 714
companies
in the REITs industry
Industry Median: 0.99
vs JSE:SSS: 0.65
During the past 11 years, the highest Trailing Annual Dividend Yield of Stor-Age Property REIT was 9.84%. The lowest was 5.50%. And the median was 7.73%.
During the past 12 months, Stor-Age Property REIT's average Dividends Per Share Growth Rate was -0.60% 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 0.90% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Stor-Age Property REIT was 14.70% per year. The lowest was -0.60% per year. And the median was 2.70% 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.
Stor-Age Property REIT (JSE:SSS) 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.
Stor-Age Property REIT Dividend Payout Ratio Related Terms
Stor-Age Property REIT Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Stor-Age Property 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.
Stor-Age Property REIT Dividend Payout Ratio Chart
JSE:SSS vs PLD, PSA, EXR: Dividend Payout Ratio Comparison
For the REIT - Industrial subindustry, Stor-Age Property 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.
Stor-Age Property REIT Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Stor-Age Property REIT's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Stor-Age Property REIT's Dividend Payout Ratio falls into.
Stor-Age Property 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.
Stor-Age Property REIT's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Stor-Age Property REIT (JSE:SSS) has a Dividend Payout Ratio of 0.52 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Stor-Age Property REIT and its competitors. This is 51% below median its historical median of 1.06. Over the past decade, Stor-Age Property REIT's Dividend Payout Ratio has ranged from 0.40 to 2.09. According to the industry distribution chart, Stor-Age Property REIT ranks #155 out of 714 companies in the REITs industry, placing it in the top 21.7%.
Is Stor-Age Property REIT's Dividend Payout Ratio too high?
Stor-Age Property REIT's current Dividend Payout Ratio of 0.52 is 51% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.09. The REITs industry median Dividend Payout Ratio is 0.99. Stor-Age Property REIT's value of 0.52 is 47.5% below this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #155 out of 714 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Dividend Payout Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #155 out of 714 companies for Dividend Payout Ratio. This places Stor-Age Property REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Stor-Age Property REIT's value of 0.52 is 47.5% below this benchmark. Historically, Stor-Age Property REIT's own Dividend Payout Ratio has ranged from 0.40 to 2.09 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.99, Stor-Age Property 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 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. Stor-Age Property REIT's current Dividend Payout Ratio of 0.52 is 47.5% 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 Stor-Age Property 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. Stor-Age Property REIT's current Dividend Payout Ratio is 0.52, which is 51% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current Dividend Payout Ratio is 0.52, which is 51% below median its 10-year median of 1.06 and 47.5% below the REITs industry median of 0.99. Stor-Age Property REIT's overall GF Score™ is 77/100 with 7 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 Stor-Age Property REIT (JSE:SSS), the current Dividend Payout Ratio is 0.52 as of Mar. 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?
Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued.
The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22.
GuruFocus considers Stor-Age Property REIT to be Fairly Valued.
Key valuation signals for JSE:SSS:
Dividend Payout Ratio: 0.52 (51% below median its 10-year median of 1.06)
GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
Industry Position: 47.5% below the REITs median (#155 of 714)
No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score
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