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Axis Real Estate Investment Trust (“Axis-REIT”), Malaysia's first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2008, all acquisitions by Axis-REIT are Shariah compliant. It currently has a diverse portfolio of 62 properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Axis REIT Managers Berhad is the Manager of Axis-REIT while RHB Trustees Berhad is the latter's trustee. Axis-REIT has a solid industrial space portfolio where 93% of the properties are on industrial titles. As at 30 June 2023, the occupancy rate of Axis-REIT's portfolio stood at 89% with a weighted average lease expiry period of 5 years, based on rental. As at 30 June 2023, the space under management is 12.7 million square feet and total asset value of RM4.4 billion.

Axis Real Estate Investment Trust Dividend Announcement

Axis Real Estate Investment Trust announced a quarterly dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-11-12
Axis Real Estate Investment Trust annual dividend for 2024 was RM0.08
Axis Real Estate Investment Trust annual dividend for 2023 was RM0.06
Axis Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 4.65%
Axis Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is 295.06%
Axis Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was -2.08% year
Axis Real Estate Investment Trust's dividend growth over the last ten years (2013-2023) was -8.04% year

Axis Real Estate Investment Trust Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-12RM0.01quarterly
2024-08-05RM0.02quarterly
2024-05-07RM0.02quarterly
2024-02-07RM0.02quarterly
2023-11-09RM0.02quarterly
2023-08-08RM0.02quarterly
2023-05-05RM0.02quarterly
2023-02-08RM0.00quarterly
2022-12-29RM0.02quarterly
2022-11-02RM0.02quarterly
2022-08-02RM0.03quarterly
2022-05-06RM0.02quarterly
2022-02-07RM0.00quarterly
2021-12-14RM0.02quarterly
2021-11-03RM0.02quarterly
2021-08-03RM0.02quarterly
2021-05-05RM0.02quarterly
2021-02-04RM0.02quarterly
2020-11-04RM0.02quarterly
2020-09-09RM0.02quarterly
2020-06-04RM0.02quarterly
2020-02-03RM0.01quarterly
2019-11-12RM0.01quarterly
2019-11-04RM0.02quarterly
2019-08-07RM0.02quarterly
2019-05-13RM0.02quarterly
2019-02-08RM0.02quarterly
2018-11-01RM0.02quarterly
2018-08-16RM0.02quarterly
2018-05-08RM0.02quarterly
2018-02-06RM0.01quarterly
2017-11-21RM0.01quarterly
2017-11-03RM0.02quarterly
2017-08-04RM0.02quarterly
2017-05-08RM0.02quarterly
2017-01-31RM0.02quarterly
2016-11-03RM0.02quarterly
2016-08-16RM0.02quarterly
2016-05-06RM0.02quarterly
2016-01-29RM0.02quarterly
2015-10-29RM0.02quarterly
2015-08-13RM0.04quarterly
2015-04-30RM0.04quarterly
2015-01-29RM0.01quarterly
2014-12-08RM0.03quarterly
2014-10-31RM0.05quarterly
2014-08-14RM0.05quarterly
2014-05-02RM0.05quarterly
2014-02-04RM0.05quarterly
2013-11-01RM0.03quarterly
2013-08-06RM0.05quarterly
2013-05-03RM0.02quarterly
2013-02-05RM0.06quarterly

Axis Real Estate Investment Trust Dividend per year

Axis Real Estate Investment Trust Dividend growth

Axis Real Estate Investment Trust Dividend Yield

Axis Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing Axis Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:

Axis Real Estate Investment Trust Financial Ratios

P/E ratio56.76
PEG ratio0.85
P/B ratio1.07
ROE1.89%
Payout ratio295.06%
Current ratio0.24
Quick ratio0.24
Cash Ratio0.01

Axis Real Estate Investment Trust Dividend FAQ

Does Axis Real Estate Investment Trust stock pay dividends?
Axis Real Estate Investment Trust does not currently pay dividends to its shareholders.
Has Axis Real Estate Investment Trust ever paid a dividend?
No, Axis Real Estate Investment Trust has no a history of paying dividends to its shareholders. Axis Real Estate Investment Trust is not known for its dividend payments.
Why doesn't Axis Real Estate Investment Trust pay dividends?
There are several potential reasons why Axis Real Estate Investment Trust would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Axis Real Estate Investment Trust ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Axis Real Estate Investment Trust has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Axis Real Estate Investment Trust a dividend aristocrat?
Axis Real Estate Investment Trust is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Axis Real Estate Investment Trust a dividend king?
Axis Real Estate Investment Trust is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Axis Real Estate Investment Trust a dividend stock?
No, Axis Real Estate Investment Trust is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Axis Real Estate Investment Trust stocks?
To buy Axis Real Estate Investment Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Axis Real Estate Investment Trust stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.