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Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code ‘VCX' and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code ‘VCD'.

Vicinity Centres Dividend Announcement

Vicinity Centres announced a semi annually dividend of A$0.06 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-23
Vicinity Centres annual dividend for 2024 was A$0.12
Vicinity Centres annual dividend for 2023 was A$0.12
Vicinity Centres's trailing twelve-month (TTM) dividend yield is 5.45%
Vicinity Centres's payout ratio for the trailing twelve months (TTM) is 100.68%
Vicinity Centres's dividend growth over the last five years (2018-2023) was -5.77% year
Vicinity Centres's dividend growth over the last ten years (2013-2023) was -2.21% year

Vicinity Centres Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23A$0.06semi annually2024-09-16
2024-02-20A$0.06semi annually
2023-08-21A$0.06semi annually2023-09-11
2023-02-20A$0.06semi annually2023-03-07
2022-08-22A$0.06semi annually2022-09-12
2022-02-21A$0.05semi annually2022-03-08
2021-06-29A$0.07semi annually2021-08-31
2020-12-30A$0.03semi annually2021-03-02
2019-12-30A$0.08semi annually2020-03-02
2019-06-27A$0.08semi annually2019-08-28
2018-12-28A$0.08semi annually2019-03-04
2018-06-28A$0.08semi annually2018-08-29
2017-12-28A$0.08semi annually2018-02-28
2017-06-29A$0.09semi annually2017-08-30
2016-12-29A$0.09semi annually2017-03-02
2016-06-29A$0.09semi annually2016-08-30
2015-12-29A$0.09semi annually2016-03-02
2015-06-26A$0.09semi annually2015-08-27
2014-12-29A$0.08semi annually2015-02-25
2014-08-27A$0.00semi annually2014-09-19
2014-06-26A$0.08semi annually2014-08-29
2013-12-23A$0.07semi annually2014-02-28
2013-06-24A$0.07semi annually2013-08-28

Vicinity Centres Dividend per year

Vicinity Centres Dividend growth

Vicinity Centres Dividend Yield

Vicinity Centres current trailing twelve-month (TTM) dividend yield is 5.45%. Interested in purchasing Vicinity Centres stock? Use our calculator to estimate your expected dividend yield:

Vicinity Centres Financial Ratios

P/E ratio17.85
PEG ratio0.18
P/B ratio0.92
ROE5.16%
Payout ratio100.68%
Current ratio0.47
Quick ratio0.47
Cash Ratio0.06

Vicinity Centres Dividend FAQ

How much is the next Vicinity Centres dividend?
Vicinity Centres's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vicinity Centres dividend. The next Vicinity Centres dividend will be released in February, or August.
When is Vicinity Centres dividend paid?
Vicinity Centres pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. 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 Vicinity Centres pay?
The specific amount of Vicinity Centres 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 Vicinity Centres's dividend history.
Does Vicinity Centres stock pay dividends?
Yes, Vicinity Centres 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 Vicinity Centres's dividend history.
How much dividend does Vicinity Centres pay?
Vicinity Centres paid A$0.118 in 2024, A$0.12 in 2023, A$0.104 in 2022, A$0.066 in 2021, and A$0.034 in 2020.
How often does Vicinity Centres pay dividends?
Vicinity Centres 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 February, and August.
What is Vicinity Centres's dividend yield?
The current dividend yield for Vicinity Centres is 5.45%. 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 Vicinity Centres's exact dividend yield.
When does Vicinity Centres go ex dividend?
Vicinity Centres's ex-dividend date for the latest dividend was on 2024-08-23. Vicinity Centres 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 Vicinity Centres dividend paid?
Vicinity Centres pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Vicinity Centres 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 Vicinity Centres 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 Vicinity Centres dividend per share?
Vicinity Centres paid A$0.118 per share in 2024 and A$0.12 per share in 2023. The amount of dividend per share that Vicinity Centres 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 Vicinity Centres 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 Vicinity Centres 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 Vicinity Centres a dividend stock?
Yes, Vicinity Centres is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vicinity Centres a good dividend stock?
Whether Vicinity Centres is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vicinity Centres has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Vicinity Centres 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 Vicinity Centres pay dividends monthly?
Vicinity Centres typically pays dividends on a semi annually basis.
Does Vicinity Centres pay dividends quarterly?
Vicinity Centres currently pays dividends on a semi annually basis.
Has Vicinity Centres ever paid a dividend?
Yes, Vicinity Centres has a history of paying dividends to its shareholders. Vicinity Centres is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vicinity Centres dividend stocks?
To buy Vicinity Centres 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 Vicinity Centres 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 Vicinity Centres pay dividends 2024?
Vicinity Centres pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-16. 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 Vicinity Centres increase its dividend in 2024?
Decisions regarding Vicinity Centres 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 Vicinity Centres dividend overview you can look into the above table of dividend history.
How Vicinity Centres dividend works?
The Vicinity Centres 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 Vicinity Centres's dividend process works:

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

1. Record Date: Vicinity Centres 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, Vicinity Centres distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Vicinity Centres 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 Vicinity Centres pay dividends?
Vicinity Centres 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 Vicinity Centres pay dividends?
The general pattern is that Vicinity Centres pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Vicinity Centres dividend safe?
The safety of Vicinity Centres'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 Vicinity Centres'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 Vicinity Centres'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.