APN Convenience Retail REIT (ASX code: AQR) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets. The Fund's portfolio of 79 properties valued at approximately $445 million, is predominantly located on Australia's eastern seaboard and is leased to leading Australian and international convenience retail tenants. The portfolio provides a long lease expiry profile and contracted annual rent increases delivering the Fund a sustainable and strong level of income security. Convenience Retail has a target gearing range of 25 40% as part of its conservative approach to capital management. APN Convenience Retail REIT is governed by an Independent Board of Directors and is managed by APN Property Group, a specialist real estate investment manager established in 1996.
Dexus Convenience Retail REIT Dividend Announcement
• Dexus Convenience Retail REIT announced a quarterly dividend of A$0.05 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-09-27
• Dexus Convenience Retail REIT annual dividend for 2024 was A$0.16
• Dexus Convenience Retail REIT annual dividend for 2023 was A$0.21
• Dexus Convenience Retail REIT's trailing twelve-month (TTM) dividend yield is 7.02%
• Dexus Convenience Retail REIT's payout ratio for the trailing twelve months (TTM) is 26.44%
• Dexus Convenience Retail REIT's dividend growth over the last five years (2018-2023) was 0.87% year
Dexus Convenience Retail REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | A$0.05 | quarterly | 2024-11-14 |
2024-06-27 | A$0.05 | quarterly | 2024-08-22 |
2024-03-27 | A$0.05 | quarterly | 2024-05-16 |
2023-12-28 | A$0.05 | quarterly | 2024-02-22 |
2023-09-28 | A$0.05 | quarterly | 2023-11-09 |
2023-06-29 | A$0.06 | quarterly | 2023-08-24 |
2023-03-30 | A$0.05 | quarterly | 2023-05-19 |
2022-12-29 | A$0.05 | quarterly | 2023-02-23 |
2022-09-29 | A$0.05 | quarterly | 2022-11-10 |
2022-06-29 | A$0.06 | quarterly | 2022-08-23 |
2022-03-30 | A$0.06 | quarterly | 2022-05-13 |
2021-12-30 | A$0.06 | quarterly | 2022-02-04 |
2021-09-29 | A$0.06 | quarterly | 2021-11-05 |
2021-06-29 | A$0.05 | quarterly | 2021-08-09 |
2021-03-30 | A$0.05 | quarterly | 2021-05-07 |
2020-12-30 | A$0.05 | quarterly | 2021-02-05 |
2020-09-29 | A$0.05 | quarterly | 2020-11-06 |
2020-06-29 | A$0.05 | quarterly | 2020-07-31 |
2020-03-30 | A$0.05 | quarterly | 2020-04-30 |
2019-12-30 | A$0.05 | quarterly | 2020-01-31 |
2019-09-27 | A$0.05 | quarterly | 2019-11-15 |
2019-06-27 | A$0.05 | quarterly | 2019-08-30 |
2019-03-28 | A$0.05 | quarterly | 2019-05-17 |
2018-12-28 | A$0.05 | quarterly | 2019-02-15 |
2018-09-27 | A$0.05 | quarterly | 2018-11-14 |
2018-06-28 | A$0.05 | quarterly | 2018-08-31 |
2018-03-28 | A$0.05 | quarterly | 2018-05-31 |
2017-12-28 | A$0.05 | quarterly | 2018-02-28 |
2017-09-28 | A$0.03 | quarterly | 2017-11-30 |
Dexus Convenience Retail REIT Dividend per year
Dexus Convenience Retail REIT Dividend growth
Dexus Convenience Retail REIT Dividend Yield
Dexus Convenience Retail REIT current trailing twelve-month (TTM) dividend yield is 7.02%. Interested in purchasing Dexus Convenience Retail REIT stock? Use our calculator to estimate your expected dividend yield:
Dexus Convenience Retail REIT Financial Ratios
Dexus Convenience Retail REIT Dividend FAQ
Other factors to consider when evaluating Dexus Convenience Retail REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Dexus Convenience Retail REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dexus Convenience Retail REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dexus Convenience Retail REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dexus Convenience Retail REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Dexus Convenience Retail REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dexus Convenience Retail REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dexus Convenience Retail REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Dexus Convenience Retail REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dexus Convenience Retail REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.