Texton Property Fund (JSE:TEX) Dividend Payout Ratio : 0.00 (As of Jun. 2024)

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What is Texton Property Fund Dividend Payout Ratio?

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. Texton Property Fund's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Texton Property Fund Ltd is 7.60, which seems too high.

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

JSE:TEX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 1.67 Max: 14.42
Current: 7.6

During the past 13 years, the highest Dividend Payout Ratio of Texton Property Fund was 14.42. The lowest was 0.42. And the median was 1.67.

JSE:TEX's Dividend Payout Ratio is ranked worse than
95.55% of 674 companies
in the REITs industry
Industry Median: 1.01 vs JSE:TEX: 7.60

As of today (2024-12-13), the Dividend Yield % of Texton Property Fund is 6.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Texton Property Fund was 78.29%. The lowest was 2.07%. And the median was 11.99%.

Texton Property Fund's Dividends per Share for the months ended in Jun. 2024 was R0.00.

During the past 12 months, Texton Property Fund's average Dividends Per Share Growth Rate was 175.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Texton Property Fund was -15.10% per year. The lowest was -41.60% per year. And the median was -28.35% 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.

Texton Property Fund Dividend Payout Ratio Historical Data

The historical data trend for Texton Property Fund'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.

* Premium members only.

Texton Property Fund Dividend Payout Ratio Chart

Texton Property Fund Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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14.42

1.56

0.42

7.60

Texton Property Fund Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.66	0.62	-	-	-

Competitive Comparison of Texton Property Fund's Dividend Payout Ratio

For the REIT - Office subindustry, Texton Property Fund'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.

Texton Property Fund's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Texton Property Fund's Dividend Payout Ratio falls into.

Texton Property Fund Dividend Payout Ratio Calculation

Texton Property Fund's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.19	/	0.025
	=	7.60

Texton Property Fund's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0	/	0.12
	=	0.00

Texton Property Fund (JSE:TEX) 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.

Texton Property Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Texton Property Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Texton Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Texton Property Fund Ltd (JSE:TEX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.