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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | RM0.01 | quarterly | |
2024-08-05 | RM0.02 | quarterly | |
2024-05-07 | RM0.02 | quarterly | |
2024-02-07 | RM0.02 | quarterly | |
2023-11-09 | RM0.02 | quarterly | |
2023-08-08 | RM0.02 | quarterly | |
2023-05-05 | RM0.02 | quarterly | |
2023-02-08 | RM0.00 | quarterly | |
2022-12-29 | RM0.02 | quarterly | |
2022-11-02 | RM0.02 | quarterly | |
2022-08-02 | RM0.03 | quarterly | |
2022-05-06 | RM0.02 | quarterly | |
2022-02-07 | RM0.00 | quarterly | |
2021-12-14 | RM0.02 | quarterly | |
2021-11-03 | RM0.02 | quarterly | |
2021-08-03 | RM0.02 | quarterly | |
2021-05-05 | RM0.02 | quarterly | |
2021-02-04 | RM0.02 | quarterly | |
2020-11-04 | RM0.02 | quarterly | |
2020-09-09 | RM0.02 | quarterly | |
2020-06-04 | RM0.02 | quarterly | |
2020-02-03 | RM0.01 | quarterly | |
2019-11-12 | RM0.01 | quarterly | |
2019-11-04 | RM0.02 | quarterly | |
2019-08-07 | RM0.02 | quarterly | |
2019-05-13 | RM0.02 | quarterly | |
2019-02-08 | RM0.02 | quarterly | |
2018-11-01 | RM0.02 | quarterly | |
2018-08-16 | RM0.02 | quarterly | |
2018-05-08 | RM0.02 | quarterly | |
2018-02-06 | RM0.01 | quarterly | |
2017-11-21 | RM0.01 | quarterly | |
2017-11-03 | RM0.02 | quarterly | |
2017-08-04 | RM0.02 | quarterly | |
2017-05-08 | RM0.02 | quarterly | |
2017-01-31 | RM0.02 | quarterly | |
2016-11-03 | RM0.02 | quarterly | |
2016-08-16 | RM0.02 | quarterly | |
2016-05-06 | RM0.02 | quarterly | |
2016-01-29 | RM0.02 | quarterly | |
2015-10-29 | RM0.02 | quarterly | |
2015-08-13 | RM0.04 | quarterly | |
2015-04-30 | RM0.04 | quarterly | |
2015-01-29 | RM0.01 | quarterly | |
2014-12-08 | RM0.03 | quarterly | |
2014-10-31 | RM0.05 | quarterly | |
2014-08-14 | RM0.05 | quarterly | |
2014-05-02 | RM0.05 | quarterly | |
2014-02-04 | RM0.05 | quarterly | |
2013-11-01 | RM0.03 | quarterly | |
2013-08-06 | RM0.05 | quarterly | |
2013-05-03 | RM0.02 | quarterly | |
2013-02-05 | RM0.06 | quarterly |
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
Axis Real Estate Investment Trust Dividend FAQ
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.
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