GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » Dividend Yield %

Goodman Property Trust (NZSE:GMT) Dividend Yield % : 2.86% (As of May. 30, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Goodman Property Trust Dividend Yield %?

As of today (2024-05-30), the Trailing Annual Dividend Yield of Goodman Property Trust is 2.86%.

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

NZSE:GMT' s Dividend Yield % Range Over the Past 10 Years
Min: 2.09   Med: 4.5   Max: 6.49
Current: 2.86

During the past 13 years, the highest Dividend Yield of Goodman Property Trust was 6.49%. The lowest was 2.09%. And the median was 4.50%.

NZSE:GMT's Dividend Yield % is ranked worse than
92.29% of 843 companies
in the REITs industry
Industry Median: 6.94 vs NZSE:GMT: 2.86

Goodman Property Trust's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.00.

As of today (2024-05-30), the Forward Dividend Yield % of Goodman Property Trust is 2.90%.

Goodman Property Trust's Dividends per Share for the six months ended in Mar. 2024 was NZ$0.03.

During the past 12 months, Goodman Property Trust's average Dividends Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Goodman Property Trust was 59.90% per year. The lowest was 12.40% per year. And the median was 36.15% per year.

The growth rate is calculated with least square regression.

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


Goodman Property Trust Dividend Yield % Historical Data

The historical data trend for Goodman Property Trust'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.

Goodman Property Trust Dividend Yield % Chart

Goodman Property Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 2.49 2.31 2.71 -

Goodman Property Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.31 2.80 2.71 2.83 -

Competitive Comparison of Goodman Property Trust's Dividend Yield %

For the REIT - Industrial subindustry, Goodman Property Trust'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.


Goodman Property Trust's Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Goodman Property Trust's Dividend Yield % falls into.



Goodman Property Trust Dividend Yield % Calculation

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

Goodman Property Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0155002024-03-042024-03-052024-03-20Cash DividendquarterlyNZD: 1.000000
NZD 0.0155002023-11-292023-11-302023-12-14Cash DividendquarterlyNZD: 1.000000
NZD 0.0155002023-09-182023-09-192023-09-26Cash DividendquarterlyNZD: 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.

Goodman Property Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0465/2.16
=2.15 %

Current Share Price is NZ$2.16.
Goodman Property Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.0465.

Goodman Property Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.062/2.16
=2.87 %

Current Share Price is NZ$2.16.
Goodman Property Trust's Dividends per Share for the forward twelve months is calculated as NZ$0.0155 * 4 = NZ$0.062.

* 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.


Goodman Property Trust  (NZSE:GMT) 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.


Goodman Property Trust Dividend Yield % Related Terms

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


Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

Goodman Property Trust (NZSE:GMT) Headlines

No Headlines