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Spear REIT Ltd. engages in the investment in real estate properties. It operates through the following segments: Industrial, Commercial, Retail, Hospitality, Non-Property, and Development. The company was founded by Michael Naftali Flax, Quintin Michael Rossi, and Abubaker Varachhia in 2011 and is headquartered in Cape Town, South Africa.

Spear Reit Dividend Announcement

Spear Reit announced a semi annually dividend of R39.53 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-11-13
Spear Reit annual dividend for 2024 was R80.06
Spear Reit annual dividend for 2023 was R77.16
Spear Reit's trailing twelve-month (TTM) dividend yield is 8.74%
Spear Reit's payout ratio for the trailing twelve months (TTM) is 54.01%
Spear Reit's dividend growth over the last five years (2018-2023) was -1.51% year

Spear Reit Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-13R39.53semi annually2024-11-18
2024-06-12R40.53semi annually2024-06-18
2023-11-15R38.33semi annually2023-11-20
2023-06-07R38.84semi annually2023-06-12
2022-11-09R37.14semi annually2022-11-14
2022-06-14R35.19semi annually2022-06-20
2021-11-17R33.06semi annually2021-11-22
2021-06-02R29.36semi annually2021-06-07
2020-11-18R29.34semi annually2020-11-23
2020-06-03R47.02semi annually2020-06-08
2019-11-06R44.64semi annually2019-11-11
2019-06-05R44.69semi annually2019-06-10
2018-11-07R41.73semi annually2018-11-12
2018-06-06R41.55semi annually2018-06-11
2017-11-08R36.95semi annually2017-11-13
2017-06-07R23.51semi annually2017-06-12

Spear Reit Dividend per year

Spear Reit Dividend growth

Spear Reit Dividend Yield

Spear Reit current trailing twelve-month (TTM) dividend yield is 8.74%. Interested in purchasing Spear Reit stock? Use our calculator to estimate your expected dividend yield:

Spear Reit Financial Ratios

P/E ratio4.03
PEG ratio7.39
P/B ratio0.76
ROE19.97%
Payout ratio54.01%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Spear Reit Dividend FAQ

How much is the next Spear Reit dividend?
Spear 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 Spear Reit dividend. The next Spear Reit dividend will be released in June, or November.
When is Spear Reit dividend paid?
Spear Reit pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. 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 Spear Reit pay?
The specific amount of Spear 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 Spear Reit's dividend history.
Does Spear Reit stock pay dividends?
Yes, Spear 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 Spear Reit's dividend history.
How much dividend does Spear Reit pay?
Spear Reit paid R80.062 in 2024, R77.162 in 2023, R72.328 in 2022, R62.419 in 2021, and R76.362 in 2020.
How often does Spear Reit pay dividends?
Spear 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 June, and November.
What is Spear Reit's dividend yield?
The current dividend yield for Spear Reit is 8.74%. 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 Spear Reit's exact dividend yield.
When does Spear Reit go ex dividend?
Spear Reit's ex-dividend date for the latest dividend was on 2024-11-13. Spear 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 Spear Reit dividend paid?
Spear Reit pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Spear 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 Spear 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 Spear Reit dividend per share?
Spear Reit paid R80.062 per share in 2024 and R77.162 per share in 2023. The amount of dividend per share that Spear 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 Spear 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 Spear 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 Spear Reit a dividend stock?
Yes, Spear Reit is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Spear Reit a good dividend stock?
Whether Spear 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. Spear Reit has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Spear 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 Spear Reit pay dividends monthly?
Spear Reit typically pays dividends on a semi annually basis.
Does Spear Reit pay dividends quarterly?
Spear Reit currently pays dividends on a semi annually basis.
Has Spear Reit ever paid a dividend?
Yes, Spear Reit has a history of paying dividends to its shareholders. Spear Reit is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Spear Reit dividend stocks?
To buy Spear 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 Spear 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 Spear Reit pay dividends 2024?
Spear Reit pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-18. 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 Spear Reit increase its dividend in 2024?
Decisions regarding Spear 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 Spear Reit dividend overview you can look into the above table of dividend history.
How Spear Reit dividend works?
The Spear 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 Spear Reit's dividend process works:

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

1. Record Date: Spear 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, Spear 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: Spear 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 Spear Reit pay dividends?
Spear 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 Spear Reit pay dividends?
The general pattern is that Spear Reit pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Spear Reit dividend safe?
The safety of Spear 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 Spear 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 Spear 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.