Growthpoint Prop Ltd Dividend yield

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 stock dividend

Growthpoint Prop Ltd paid a total dividend of 4,495 million ZAR last year, for a market value of 40,520 millions (Market Cap 40,167 millions). Growthpoint Prop Ltd dividend per share is 1.31 ZAR, and his stock market price 11.81 ZAR.

According to the chart below, where dividend yield is displayed, Growthpoint Prop Ltd has a dividend yield of 11.11%, 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 stocks dividend with other Real Estate Investment Trusts companies or other of the high South Africa dividend stocks list.

Growthpoint Prop Ltd Dividend Payout

About the ability of Growthpoint Prop Ltd to maintain his current dividend of ZAR 1.31 per share, an amount that accounts for 11.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Growthpoint Prop Ltd payout on ernings is currently 55.51%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Growthpoint Prop Ltd can have problems to keep with his present dividend yield.

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 1.69 per share, which is higher than the dividend per share paid by the company of ZAR 1.31, 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 Dividend History

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

Year	Yield	ZAR	Paypout	Shares*
Present	11.11%	1.31	55.51%	3,431
2022	8.83%	1.28	53.78%	3,431
2021	7.71%	1.19	0.00%	3,431
2020	11.61%	1.46	-73.00%	3,381
2019	9.86%	2.18	102.35%	3,023
2018	8.95%	2.09	91.67%	2,971
2017	7.08%	1.96	75.10%	2,934
2016	7.39%	1.84	97.87%	2,786
2015	5.34%	1.29	49.81%	2,711

*In millions

Then you can see the evolution of Growthpoint Prop Ltd dividend stock, and compare it with the average of South Africa stocks and that of the Real Estate Investment Trusts stocks.

Growthpoint Prop Ltd Stock performance

Finally, last moth Growthpoint Prop Ltd showed a return of -6.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -7.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Real Estate Investment Trusts firms.