Stride Property (NZSE:SPG) Dividend Payout Ratio : 1.21 (As of Sep. 2024)

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What is Stride Property 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. Stride Property's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Stride Property Ltd is 3.48, which seems too high.

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

NZSE:SPG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.39 Max: 3.48
Current: 3.48

During the past 13 years, the highest Dividend Payout Ratio of Stride Property was 3.48. The lowest was 0.30. And the median was 0.39.

NZSE:SPG's Dividend Payout Ratio is ranked worse than
96.12% of 696 companies
in the Real Estate industry
Industry Median: 0.42 vs NZSE:SPG: 3.48

As of today (2025-01-18), the Dividend Yield % of Stride Property is 6.02%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Stride Property was 7.80%. The lowest was 3.67%. And the median was 5.31%.

Stride Property's Dividends per Share for the months ended in Sep. 2024 was NZ$0.04.

During the past 12 months, Stride Property's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stride Property was 31.00% per year. The lowest was -7.60% per year. And the median was 0.90% 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.

Stride Property Dividend Payout Ratio Historical Data

The historical data trend for Stride Property'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.

Stride Property Dividend Payout Ratio Chart

Stride Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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1.34

0.30

0.38

Stride Property Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.66	-	1.21

Competitive Comparison of Stride Property's Dividend Payout Ratio

For the Real Estate Services subindustry, Stride Property'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.

Stride Property's Dividend Payout Ratio Distribution in the Real Estate Industry

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

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

Stride Property Dividend Payout Ratio Calculation

Stride Property's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.078	/	-0.102
	=	N/A

Stride Property's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.04	/	0.033
	=	1.21

Stride Property (NZSE:SPG) 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.

Stride Property Dividend Payout Ratio Related Terms

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

Stride Property Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stride Property Ltd (NZSE:SPG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010

Website

https://www.strideproperty.co.nz

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.