Growthpoint Prop Ltd Dividend yield




   ZAR/share 
 Price  12.57
 Dividend  1.46
 Earnings  -2.00
 Cash-flow  1.65
 Book value  20.95
 Equity  21.05

Growthpoint Prop Ltd is part of Real Estate Investment Trusts business, which is part of Financials industry. Growthpoint Prop Ltd is a company from South Africa, and his stocks are publicly traded.

Growthpoint Prop Ltd paid a total dividend of 4,936 million ZAR last year, for a market value of 42,499 millions (Market Cap 41,324 millions). Dividend per share of Growthpoint Prop Ltd is 1.46 ZAR, and his stock market price 12.57 ZAR.

According to the chart below, where dividend yield is displayed, Growthpoint Prop Ltd has a dividend yield of 11.61%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Growthpoint Prop Ltd dividend yield with other Real Estate Investment Trusts companies or firms from South Africa.

Dividend yield of Growthpoint Prop Ltd

Growthpoint Prop Ltd Dividend Payout

About the ability of Growthpoint Prop Ltd to maintain his current dividend of ZAR 1.46 per share, an amount that accounts for 11.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Growthpoint Prop Ltd payout on ernings is currently -73.00%, which is lower than the market average and companies of Financials industry, which are 38.57% and 41.00% respectively. Both figures lead us to believe that there is confidence that Growthpoint Prop Ltdcan 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 Growthpoint Prop Ltd is ZAR 1.65 per share, which is higher than the dividend per share paid by the company of ZAR 1.46, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Growthpoint Prop Ltd, compared againt world market average, South Africa companies, Financials industry and Real Estate Investment Trusts sector companies.

Growthpoint Prop Ltd payout

Growthpoint Prop Ltd Dividend History

Year Yield  ZAR  Paypout  Shares* 
Present11.61%1.46-73.00%3,381
20199.86%2.18102.35%3,023
20188.95%2.0991.67%2,971
20177.08%1.9675.10%2,934
20167.39%1.8497.87%2,786
20155.34%1.2949.81%2,711

*In millions

Growthpoint Prop Ltd Stock performance

Finally, last moth Growthpoint Prop Ltd showed a return of 5.90% compared to a worldwide 3.99% average, and a 3.02% of Financials firms. Over the last year, the company obtained a -43.10% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for South Africa and Real Estate Investment Trusts firms.

Growthpoint Prop Ltd stock and market return