Goodman Group Dividend yield

Goodman Group is part of Real Estate Investment Trusts business, which is part of Financials industry. Goodman Group is a company from Australia, and his stocks are publicly traded.

Goodman Group stock dividend

Goodman Group paid a total dividend of 564 million AUD last year, for a market value of 43,940 millions (Market Cap 43,089 millions). Goodman Group dividend per share is 0.30 AUD, and his stock market price 23.36 AUD.

According to the chart below, where dividend yield is displayed, Goodman Group has a dividend yield of 1.28%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Goodman Group stocks dividend with other Real Estate Investment Trusts companies or other of the high Australia dividend stocks list.

Goodman Group Dividend Payout

About the ability of Goodman Group to maintain his current dividend of AUD 0.30 per share, an amount that accounts for 1.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Goodman Group payout on ernings is currently 16.57%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Goodman Groupcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Goodman Group is AUD 0.45 per share, which is higher than the dividend per share paid by the company of AUD 0.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Goodman Group, compared againt world market average, Australia companies, Financials industry and Real Estate Investment Trusts sector companies.

Goodman Group Dividend History

Below you will find a table with the historical evolution of Goodman Group's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	1.28%	0.30	16.57%	1,881
2022	1.73%	0.30	16.39%	1,868
2021	1.13%	0.30	24.19%	1,868
2020	1.59%	0.30	36.59%	1,847
2019	2.24%	0.30	33.33%	1,814
2018	2.75%	0.29	47.54%	1,801
2017	3.20%	0.27	62.79%	1,789
2016	3.59%	0.24	33.33%	1,778
2015	3.63%	0.22	31.88%	1,753

*In millions

Then you can see the evolution of Goodman Group dividend stock, and compare it with the average of Australia stocks and that of the Real Estate Investment Trusts stocks.

Goodman Group Stock performance

Finally, last moth Goodman Group showed a return of 13.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 18.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Real Estate Investment Trusts firms.