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Fairvest (JSE:FTB) Dividend Yield %

: 11.76% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Fairvest is 11.76%.

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

JSE:FTB' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 12.78
Current: 11.76

During the past 2 years, the highest Dividend Yield of Fairvest was 12.78%. The lowest was 0.00%. And the median was 0.00%.

JSE:FTB's Dividend Yield % is ranked better than
82.8% of 837 companies
in the REITs industry
Industry Median: 7.14 vs JSE:FTB: 11.76

Fairvest's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fairvest Ltd is 1.11, which seems too high.

During the past 2 years, the highest Dividend Payout Ratio of Fairvest was 1.11. The lowest was 0.37. And the median was 1.11.

As of today (2024-04-19), the Forward Dividend Yield % of Fairvest is 11.58%.

Fairvest's Dividends per Share for the six months ended in Sep. 2023 was R0.21.

The growth rate is calculated with least square regression.

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


Fairvest Dividend Yield % Historical Data

The historical data trend for Fairvest'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.

Fairvest Annual Data
Trend Jun21 Sep23
Dividend Yield %
- 13.41

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23
Dividend Yield % - 14.19 13.41

Competitive Comparison

For the REIT - Retail subindustry, Fairvest'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.


Fairvest Dividend Yield % Distribution

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

* The bar in red indicates where Fairvest's Dividend Yield % falls into.



Fairvest Dividend Yield % Calculation

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

Fairvest Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.2032023-12-202023-12-222023-12-27Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.2102023-06-212023-06-232023-06-26Cash Dividendsemi-annuallyZAR: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.

Fairvest's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.413/3.51
=11.77 %

Current Share Price is R3.51.
Fairvest's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.413.

Fairvest's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.406/3.51
=11.57 %

Current Share Price is R3.51.
Fairvest's Dividends per Share for the forward twelve months is calculated as R0.203 * 2 = R0.406.

* 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.


Fairvest  (JSE:FTB) 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.


Fairvest Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Fairvest's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fairvest (JSE:FTB) Business Description

Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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