If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dipula Properties Ltd is 1.03, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Dipula Properties was 1.18. The lowest was 0.79. And the median was 0.99.
During the past 12 months, Dipula Properties's average Dividends Per Share Growth Rate was -12.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -4.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dipula Properties was 12.20% per year. The lowest was -24.30% per year. And the median was 3.50% 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.
Dipula Properties Dividend Yield % Historical Data
The historical data trend for Dipula Properties'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.
Competitive Comparison of Dipula Properties's Dividend Yield %
For the REIT - Retail subindustry, Dipula Properties'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.
Dipula Properties's Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Dipula Properties's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Dipula Properties's Dividend Yield % falls into.
Dipula Properties Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Dipula Properties Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.243800
2024-12-04
2024-12-06
2024-12-09
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 0.245763
2024-06-05
2024-06-07
2024-06-10
Cash Dividend
semi-annually
ZAR:ZAR 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.
Dipula Properties's Trailing Annual Dividend Yield (%) for Today 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.
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.
Thank you for viewing the detailed overview of Dipula Properties's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dipula Properties Ltd Formerly Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a portfolio consisting of defensive urban, township, and rural community retail centers. In addition to retail Dipula also owns industrial and logistics mid-sized properties, office properties in urban areas, and affordable residential rental assets in economically active locations throughout South Africa. The company's operating segments include Retail, Offices, Industrial, Land, Residential, and Corporate. The majority of its revenue is derived from the Retail segment which represents income generated from its portfolio of shopping centres. The majority of its properties are in Gauteng.
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