Growthpoint is the largest South African primary JSE-listed REIT with a quality portfolio of 440 directly owned properties in South Africa (RSA) valued at R73.4bn, including four hospitals and one medical chambers valued at R2.6bn owned by Growthpoint Healthcare Property Holdings (RF) Limited (GHPH). Growthpoint has a 61.8% shareholding in GHPH. We have a 62.2% interest in ASX-listed Growthpoint Properties Australia Limited (GOZ), which owns 58 properties in Australia valued at R51.8bn and a 52.1% interest in LSE-listed Capital & Regional Plc (C&R), which owns seven properties in the United Kingdom valued at R14.8bn.
Growthpoint Properties Dividend Announcement
• Growthpoint Properties announced a semi annually dividend of R58.30 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-16
• Growthpoint Properties annual dividend for 2024 was R117.10
• Growthpoint Properties annual dividend for 2023 was R130.10
• Growthpoint Properties's trailing twelve-month (TTM) dividend yield is 8.76%
• Growthpoint Properties's payout ratio for the trailing twelve months (TTM) is 411.90%
• Growthpoint Properties's dividend growth over the last five years (2018-2023) was -9.01% year
• Growthpoint Properties's dividend growth over the last ten years (2013-2023) was -1.64% year
Growthpoint Properties Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | R58.30 | semi annually | 2024-10-21 |
2024-04-10 | R58.80 | semi annually | 2024-04-15 |
2023-10-18 | R65.80 | semi annually | 2023-10-23 |
2023-04-12 | R64.30 | semi annually | 2023-04-17 |
2022-10-26 | R66.90 | semi annually | 2022-10-31 |
2022-04-06 | R61.50 | semi annually | 2022-04-11 |
2021-10-20 | R60.00 | semi annually | 2021-10-25 |
2021-04-14 | R58.50 | semi annually | 2021-04-19 |
2020-12-02 | R40.00 | semi annually | 2020-12-07 |
2020-04-01 | R106.00 | semi annually | 2020-04-06 |
2019-10-02 | R112.30 | semi annually | 2019-10-07 |
2019-04-03 | R105.80 | semi annually | 2019-04-08 |
2018-09-19 | R107.40 | semi annually | 2018-09-25 |
2018-03-20 | R101.20 | semi annually | 2018-03-26 |
2017-09-20 | R100.80 | semi annually | 2017-09-26 |
2017-03-22 | R95.00 | semi annually | 2017-03-27 |
2016-09-21 | R94.30 | semi annually | |
2016-03-24 | R89.50 | semi annually | |
2015-09-14 | R44.50 | semi annually | |
2015-04-20 | R44.50 | semi annually | |
2015-03-23 | R86.93 | semi annually | |
2014-09-15 | R85.28 | semi annually | |
2014-03-24 | R80.86 | semi annually | |
2013-09-16 | R78.59 | semi annually | |
2013-03-15 | R74.87 | semi annually |
Growthpoint Properties Dividend per year
Growthpoint Properties Dividend growth
Growthpoint Properties Dividend Yield
Growthpoint Properties current trailing twelve-month (TTM) dividend yield is 8.76%. Interested in purchasing Growthpoint Properties stock? Use our calculator to estimate your expected dividend yield:
Growthpoint Properties Financial Ratios
Growthpoint Properties Dividend FAQ
Other factors to consider when evaluating Growthpoint Properties 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: Growthpoint Properties'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, Growthpoint Properties 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, Growthpoint Properties 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 Growthpoint Properties 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: Growthpoint Properties 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, Growthpoint Properties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Growthpoint Properties 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 Growthpoint Properties'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 Growthpoint Properties'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.