Redefine is a leading South African-based, internally managed Real Estate Investment Trust (REIT), with the primary goal of growing and improving cash flow to deliver quality earnings that will underpin growth in distributions and sustained value creation for all stakeholders. We are listed on the Johannesburg Stock Exchange (JSE). We actively manage a diversified property asset platform with a value of R81.0 billion, comprising local and international property assets. Our shares are among the most actively traded on the JSE, making them a highly liquid, single-entry point for gaining the exposure to quality domestic properties, and a spread of international commercial real estate markets. We differentiate ourselves by placing people at the heart of what we do.
Redefine Properties Dividend Announcement
• Redefine Properties announced a semi annually dividend of R20.27 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-22
• Redefine Properties annual dividend for 2024 was R20.27
• Redefine Properties annual dividend for 2023 was R43.80
• Redefine Properties's trailing twelve-month (TTM) dividend yield is 8.8%
• Redefine Properties's payout ratio for the trailing twelve months (TTM) is 176.38%
Redefine Properties Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | R20.27 | semi annually | 2024-05-27 |
2023-11-22 | R23.48 | semi annually | 2023-11-27 |
2023-05-24 | R20.32 | semi annually | 2023-05-29 |
2022-11-23 | R19.27 | semi annually | 2022-11-28 |
2022-06-01 | R23.69 | semi annually | 2022-06-06 |
2021-12-01 | R60.12 | semi annually | 2021-12-06 |
2019-11-20 | R48.13 | semi annually | 2019-11-25 |
2019-05-22 | R49.19 | semi annually | 2019-05-27 |
2018-11-28 | R49.80 | semi annually | 2018-12-03 |
2018-05-23 | R47.30 | semi annually | 2018-05-28 |
2017-11-29 | R47.18 | semi annually | 2017-12-04 |
2017-05-31 | R44.82 | semi annually | 2017-06-05 |
2016-11-23 | R44.30 | semi annually | |
2016-05-23 | R41.70 | semi annually | |
2015-11-23 | R41.00 | semi annually | |
2015-05-25 | R39.00 | semi annually | |
2014-11-24 | R38.14 | semi annually | |
2014-05-26 | R36.40 | semi annually | |
2013-11-18 | R35.00 | semi annually | |
2013-05-20 | R33.70 | semi annually | |
2012-11-19 | R32.50 | semi annually | |
2012-05-21 | R31.50 | semi annually |
Redefine Properties Dividend per year
Redefine Properties Dividend growth
Redefine Properties Dividend Yield
Redefine Properties current trailing twelve-month (TTM) dividend yield is 8.8%. Interested in purchasing Redefine Properties stock? Use our calculator to estimate your expected dividend yield:
Redefine Properties Financial Ratios
Redefine Properties Dividend FAQ
Other factors to consider when evaluating Redefine 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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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.
1. Determination of Dividend: Redefine 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, Redefine 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, Redefine 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 Redefine 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: Redefine 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, Redefine 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: Redefine 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 Redefine 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 Redefine 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.