Emira Property FundJSE:EMI -1.60%59 Dividend Yield % is 9.51% as of Jun. 27, 2026, which is 6% below its 10-year median of 10.17. GuruFocus rates JSE:EMI with a GF Score™ of 59/100 and a GF Value™ of R8.66 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 877 REITs companies, Emira Property Fund ranks better than 69.21% on this metric.
As of today (2026-06-27), the Trailing Annual Dividend Yield of Emira Property Fund is 9.51%.
The historical rank and industry rank for Emira Property Fund's Dividend Yield % or its related term are showing as below:
JSE:EMI'
s Dividend Yield % Range Over the Past 10 Years
Min: 7.07 Med: 10.17 Max: 27.25
Current: 9.51
During the past 13 years, the highest Dividend Yield of Emira Property Fund was 27.25%. The lowest was 7.07%. And the median was 10.17%.
JSE:EMI's Dividend Yield % is ranked better than 69.21% of 877
companies
in the REITs industry
Industry Median: 6.79
vs JSE:EMI: 9.51
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Emira Property Fund Ltd is 1.04, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Emira Property Fund was 8.57. The lowest was 0.31. And the median was 0.89.
During the past 12 months, Emira Property Fund's average Dividends Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -0.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -2.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Emira Property Fund was 38.40% per year. The lowest was -17.20% per year. And the median was 4.40% 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.
Emira Property Fund (JSE:EMI) 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.
Emira Property Fund Dividend Yield % Related Terms
Emira Property Fund Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Emira Property Fund'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.
For the REIT - Diversified subindustry, Emira Property Fund'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.
Emira Property Fund Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Emira Property Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Emira Property Fund's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Emira Property Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 0.646100
2026-06-17
2026-06-19
2026-06-22
Cash Dividend
semi-annually
ZAR:ZAR 1.000000
ZAR 0.644000
2025-12-03
2025-12-05
2025-12-08
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.
Emira Property Fund'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.
Emira Property Fund (JSE:EMI) has a Dividend Yield % of 9.51% as of Jun. 27, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Emira Property Fund and its competitors. This is near median its historical median of 10.17. Over the past decade, Emira Property Fund's Dividend Yield % has ranged from 7.07 to 27.25. According to the industry distribution chart, Emira Property Fund ranks #270 out of 877 companies in the REITs industry, placing it in the top 30.8%.
Is Emira Property Fund's Dividend Yield % too high?
Emira Property Fund's current Dividend Yield % of 9.51% is near median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 27.25. The REITs industry median Dividend Yield % is 6.79. Emira Property Fund's value of 9.51% is 40.1% above this industry median. Based on the distribution chart, Emira Property Fund ranks #270 out of 877 companies in the REITs industry, which is above the industry midpoint. Overall, Emira Property Fund has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #270 out of 877 companies for Dividend Yield %. This puts Emira Property Fund in the upper half of its industry. The industry median Dividend Yield % is 6.79. Emira Property Fund's value of 9.51% is 40.1% above this benchmark. Historically, Emira Property Fund's own Dividend Yield % has ranged from 7.07 to 27.25 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 6.79, Emira Property Fund has consistently been above 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 Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.79, based on 877 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emira Property Fund's current Dividend Yield % of 9.51% is 40.1% above 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Emira Property Fund and its competitors. For the REITs industry, the median Dividend Yield % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current Dividend Yield % is 9.51%, which is near median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.66, compared to a current price of R13.57 — trading 56.7% above its estimated fair value. The current Dividend Yield % is 9.51%, which is near median its 10-year median of 10.17 and 40.1% above the REITs industry median of 6.79. Emira Property Fund's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Emira Property Fund (JSE:EMI), the current Dividend Yield % is 9.51% as of Jun. 27, 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?
Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued.
The current stock price of R13.57 is trading 56.7% above its estimated GF Value™ of R8.66.
GuruFocus considers Emira Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EMI:
Dividend Yield %: 9.51% (near median its 10-year median of 10.17)
GF Value™: R8.66 vs. price of R13.57 (56.7% above fair value)
Industry Position: 40.1% above the REITs median (#270 of 877)
No single metric tells the full story. See the JSE:EMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
59GF Score
Get the complete analysis for JSE:EMI
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:EMI has been successfully added to your 
