Mindspace Business Parks REIT (BOM:543217) Dividend Payout Ratio : 1.74 (As of Sep. 2023)

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What is Mindspace Business Parks REIT Dividend Payout Ratio?

Mindspace Business Parks REIT's dividend payout ratio for the months ended in Sep. 2023 was 1.74.

The historical rank and industry rank for Mindspace Business Parks REIT's Dividend Payout Ratio or its related term are showing as below:

BOM:543217' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 2.18 Max: 2.84
Current: 0.36

During the past 7 years, the highest Dividend Payout Ratio of Mindspace Business Parks REIT was 2.84. The lowest was 0.36. And the median was 2.18.

BOM:543217's Dividend Payout Ratio is ranked better than
91.17% of 566 companies
in the REITs industry
Industry Median: 1.01 vs BOM:543217: 0.36

As of today (2024-06-10), the Dividend Yield % of Mindspace Business Parks REIT is 5.60%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Mindspace Business Parks REIT was 6.32%. The lowest was 1.59%. And the median was 5.45%.

Mindspace Business Parks REIT's Dividends per Share for the months ended in Sep. 2023 was ₹4.80.

During the past 12 months, Mindspace Business Parks REIT's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 59.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Mindspace Business Parks REIT was 59.00% per year. The lowest was 59.00% per year. And the median was 59.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Mindspace Business Parks REIT Dividend Payout Ratio Historical Data

The historical data trend for Mindspace Business Parks REIT's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mindspace Business Parks REIT Dividend Payout Ratio Chart

Mindspace Business Parks REIT Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.88

2.30

2.84

2.05

Mindspace Business Parks REIT Quarterly Data
	Mar18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial													0.25	2.30	2.21	1.74	-

Competitive Comparison of Mindspace Business Parks REIT's Dividend Payout Ratio

For the REIT - Office subindustry, Mindspace Business Parks REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mindspace Business Parks REIT's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Dividend Payout Ratio falls into.

Mindspace Business Parks REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mindspace Business Parks REIT's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	19.2	/	9.353
	=	2.05

Mindspace Business Parks REIT's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	4.8	/	2.754
	=	1.74

Mindspace Business Parks REIT (BOM:543217) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mindspace Business Parks REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mindspace Business Parks REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mindspace Business Parks REIT (BOM:543217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mindspace Business Parks REIT (BOM:543217) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MINDSPACE:India

Address

Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.mindspacereit.com

Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune and Chennai in India. The company's portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, creches and outdoor sports arenas) and five quality independent offices.

Mindspace Business Parks REIT (BOM:543217) Headlines

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