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Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013. Fortress is a hybrid fund, investing in both direct property as well as other listed property stocks and REITs. It focusses on the development of prime real estate logistics assets as well as investments into its retail portfolio. Currently Fortress portfolio includes industrial, logistics, office, retail and other properties.

Fortress REIT Dividend Announcement

Fortress REIT announced a semi annually dividend of R70.19 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-10-30
Fortress REIT annual dividend for 2024 was R151.63
Fortress REIT's trailing twelve-month (TTM) dividend yield is 0.07%
Fortress REIT's payout ratio for the trailing twelve months (TTM) is 13.79%

Fortress REIT Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-30R70.19semi annually2024-11-05
2024-04-10R81.44semi annually2024-04-15
2021-09-21R74.70semi annually2021-09-27
2020-09-22R23.00semi annually2020-09-28
2020-03-25R77.67semi annually2020-03-30
2019-09-25R73.62semi annually2019-09-30
2019-03-27R74.73semi annually2019-04-01
2018-09-19R70.57semi annually2018-09-25
2018-03-07R71.20semi annually2018-03-12
2017-09-06R67.67semi annually2017-09-11
2017-03-08R67.96semi annually2017-03-13
2016-09-07R64.45semi annually
2016-03-07R64.72semi annually
2015-08-24R61.38semi annually
2013-09-02R55.99semi annually
2013-03-04R55.99semi annually
2012-09-03R53.32semi annually
2012-03-05R53.32semi annually
2011-09-05R50.78semi annually
2011-03-14R50.78semi annually
2010-09-13R48.36semi annually

Fortress REIT Dividend per year

Fortress REIT Dividend growth

Fortress REIT Dividend Yield

Fortress REIT current trailing twelve-month (TTM) dividend yield is 0.07%. Interested in purchasing Fortress REIT stock? Use our calculator to estimate your expected dividend yield:

Fortress REIT Financial Ratios

P/E ratio4.91
PEG ratio-45.27
P/B ratio1.13
ROE20.81%
Payout ratio13.79%
Current ratio0.59
Quick ratio0.59
Cash Ratio0.37

Fortress REIT Dividend FAQ

How much is the next Fortress REIT dividend?
Fortress REIT's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Fortress REIT dividend. The next Fortress REIT dividend will be released in .
When is Fortress REIT dividend paid?
Fortress REIT pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Fortress REIT pay?
The specific amount of Fortress REIT dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortress REIT's dividend history.
Does Fortress REIT stock pay dividends?
Yes, Fortress REIT does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Fortress REIT's dividend history.
How much dividend does Fortress REIT pay?
Fortress REIT paid R151.633 in 2024, R0.0 in 2023, R0.0 in 2022, R74.7 in 2021, and R100.67 in 2020.
How often does Fortress REIT pay dividends?
Fortress REIT typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is Fortress REIT's dividend yield?
The current dividend yield for Fortress REIT is 0.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Fortress REIT's exact dividend yield.
When does Fortress REIT go ex dividend?
Fortress REIT's ex-dividend date for the latest dividend was on 2024-10-30. Fortress REIT typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Fortress REIT dividend paid?
Fortress REIT pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Fortress REIT increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Fortress REIT will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Fortress REIT dividend per share?
Fortress REIT paid R151.633 per share in 2024 and R0.0 per share in 2023. The amount of dividend per share that Fortress REIT pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Fortress REIT a dividend aristocrat?
No, 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 Fortress REIT a dividend king?
No, 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 Fortress REIT a dividend stock?
Yes, Fortress REIT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Fortress REIT a good dividend stock?
Whether Fortress REIT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Fortress REIT has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Fortress 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.
Does Fortress REIT pay dividends monthly?
Fortress REIT typically pays dividends on a semi annually basis.
Does Fortress REIT pay dividends quarterly?
Fortress REIT currently pays dividends on a semi annually basis.
Has Fortress REIT ever paid a dividend?
Yes, Fortress REIT has a history of paying dividends to its shareholders. Fortress REIT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fortress REIT dividend stocks?
To buy Fortress REIT 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Fortress REIT 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.
When does Fortress REIT pay dividends 2024?
Fortress REIT pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Fortress REIT increase its dividend in 2024?
Decisions regarding Fortress REIT dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Fortress REIT dividend overview you can look into the above table of dividend history.
How Fortress REIT dividend works?
The Fortress REIT dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Fortress REIT's dividend process works:

1. Determination of Dividend: Fortress 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, Fortress 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, Fortress 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 Fortress 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.
How are Fortress REIT dividends paid?
Fortress REIT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Fortress 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, Fortress 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: Fortress 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.
How many times does Fortress REIT pay dividends?
Fortress REIT typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Fortress REIT pay dividends?
The general pattern is that Fortress REIT pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fortress REIT dividend safe?
The safety of Fortress REIT's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Fortress 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 Fortress 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.