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Redefine Properties (JSE:RDF) Dividend Yield % : 10.88% (As of Jun. 23, 2024)


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What is Redefine Properties Dividend Yield %?

As of today (2024-06-23), the Trailing Annual Dividend Yield of Redefine Properties is 10.88%.

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

JSE:RDF' s Dividend Yield % Range Over the Past 10 Years
Min: 5.69   Med: 8.56   Max: 51.56
Current: 10.88

During the past 13 years, the highest Dividend Yield of Redefine Properties was 51.56%. The lowest was 5.69%. And the median was 8.56%.

JSE:RDF's Dividend Yield % is ranked better than
77.83% of 848 companies
in the REITs industry
Industry Median: 7.02 vs JSE:RDF: 10.88

Redefine Properties's Dividend Payout Ratio for the six months ended in Feb. 2024 was 2.24.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Redefine Properties Ltd is 2.28, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Redefine Properties was 2.51. The lowest was 0.93. And the median was 1.09.

As of today (2024-06-23), the Forward Dividend Yield % of Redefine Properties is 10.08%.

Redefine Properties's Dividends per Share for the six months ended in Feb. 2024 was R0.24.

During the past 12 months, Redefine Properties's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Redefine Properties was 29.80% per year. The lowest was -18.60% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

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


Redefine Properties Dividend Yield % Historical Data

The historical data trend for Redefine 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.

* Premium members only.

Redefine Properties Dividend Yield % Chart

Redefine Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.61 19.49 - 22.06 11.06

Redefine Properties Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.25 22.06 11.25 11.06 10.95

Competitive Comparison of Redefine Properties's Dividend Yield %

For the REIT - Diversified subindustry, Redefine 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.


Redefine Properties's Dividend Yield % Distribution in the REITs Industry

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

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



Redefine Properties Dividend Yield % Calculation

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

Redefine Properties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.2027002024-05-222024-05-242024-05-27Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.2348002023-11-222023-11-242023-11-27Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4375/4.02
=10.88 %

Current Share Price is R4.02.
Redefine Properties's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.4375.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4054/4.02
=10.08 %

Current Share Price is R4.02.
Redefine Properties's Dividends per Share for the forward twelve months is calculated as R0.2027 * 2 = R0.4054.

* 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.


Redefine Properties  (JSE:RDF) 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.


Redefine Properties Dividend Yield % Related Terms

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Redefine Properties (JSE:RDF) Business Description

Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties (JSE:RDF) Headlines

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