Growthpoint Properties Australia (ASX:GOZ) Dividend Yield % : 8.34% (As of Apr. 24, 2024)

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What is Growthpoint Properties Australia Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Growthpoint Properties Australia is 8.34%.

The historical rank and industry rank for Growthpoint Properties Australia's Dividend Yield % or its related term are showing as below:

ASX:GOZ' s Dividend Yield % Range Over the Past 10 Years
Min: 4.5 Med: 6.41 Max: 10.29
Current: 8.34

During the past 13 years, the highest Dividend Yield of Growthpoint Properties Australia was 10.29%. The lowest was 4.50%. And the median was 6.41%.

ASX:GOZ's Dividend Yield % is ranked better than
61.65% of 837 companies
in the REITs industry
Industry Median: 7.11 vs ASX:GOZ: 8.34

Growthpoint Properties Australia's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Growthpoint Properties Australia was 0.74. The lowest was 0.28. And the median was 0.44.

As of today (2024-04-24), the Forward Dividend Yield % of Growthpoint Properties Australia is 7.91%.

Growthpoint Properties Australia's Dividends per Share for the six months ended in Dec. 2023 was A$0.10.

During the past 12 months, Growthpoint Properties Australia's average Dividends Per Share Growth Rate was -3.30% 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 -1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Growthpoint Properties Australia was 10.00% per year. The lowest was -40.40% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Growthpoint Properties Australia Dividend Yield % Historical Data

The historical data trend for Growthpoint Properties Australia's Dividend Yield % 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.

Growthpoint Properties Australia Dividend Yield % Chart

Growthpoint Properties Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Yield %

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5.58

6.81

4.91

6.10

7.67

Growthpoint Properties Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															4.68	6.10	7.01	7.67	8.73

Competitive Comparison of Growthpoint Properties Australia's Dividend Yield %

For the REIT - Diversified subindustry, Growthpoint Properties Australia's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Growthpoint Properties Australia's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Growthpoint Properties Australia's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Growthpoint Properties Australia's Dividend Yield % falls into.

Growthpoint Properties Australia Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Growthpoint Properties Australia Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
AUD 0.097	2023-12-28	2023-12-29	2024-02-29	Cash Dividend	semi-annually	AUD:AUD 1.000000
AUD 0.107	2023-06-29	2023-06-30	2023-08-31	Cash Dividend	semi-annually	AUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Growthpoint Properties Australia's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.204	/	2.41
	=	8.46 %

Current Share Price is A$2.41.
Growthpoint Properties Australia's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.204.

Growthpoint Properties Australia's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.194	/	2.41
	=	8.05 %

Current Share Price is A$2.41.
Growthpoint Properties Australia's Dividends per Share for the forward twelve months is calculated as A$0.097 * 2 = A$0.194.

Growthpoint Properties Australia (ASX:GOZ) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Growthpoint Properties Australia Dividend Yield % Related Terms

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Growthpoint Properties Australia (ASX:GOZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Australia (ASX:GOZ) » Definitions » Dividend Yield %

Comparable Companies

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IVP1:Germany

Address

Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.growthpoint.com.au

Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

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