GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Convenience Retail REIT (ASX:DXC) » Definitions » Forward Dividend Yield %

Dexus Convenience Retail REIT (ASX:DXC) Forward Dividend Yield % : 7.90% (As of May. 21, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Dexus Convenience Retail REIT Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Dexus Convenience Retail REIT is 7.90%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Dexus Convenience Retail REIT is 7.90%.

ASX:DXC's Forward Dividend Yield % is ranked better than
57.25% of 835 companies
in the REITs industry
Industry Median: 7.15 vs ASX:DXC: 7.90

Dexus Convenience Retail REIT's Dividends per Share for the six months ended in Dec. 2023 was A$0.10.

During the past 12 months, Dexus Convenience Retail REIT's average Dividends Per Share Growth Rate was -4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Dexus Convenience Retail REIT was 6.60% per year. The lowest was -0.30% per year. And the median was 3.40% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Dexus Convenience Retail REIT's Forward Dividend Yield %

For the REIT - Retail subindustry, Dexus Convenience Retail REIT's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Dexus Convenience Retail REIT's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dexus Convenience Retail REIT's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dexus Convenience Retail REIT's Forward Dividend Yield % falls into.



Dexus Convenience Retail REIT Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dexus Convenience Retail REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0527502024-03-272024-03-282024-05-16Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0517502023-12-282023-12-292024-02-22Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0517502023-09-282023-09-292023-11-09Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0555002023-06-292023-06-302023-08-24Cash DividendquarterlyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dexus Convenience Retail REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.211/2.67
=7.90 %

Current Share Price is A$2.67.
Dexus Convenience Retail REIT's Dividends per Share for the forward twelve months is calculated as A$0.05275 * 4 = A$0.211.

Dexus Convenience Retail REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.21175/2.67
=7.93 %

Current Share Price is A$2.67.
Dexus Convenience Retail REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.21175.

* 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.


Dexus Convenience Retail REIT  (ASX:DXC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dexus Convenience Retail REIT Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Dexus Convenience Retail REIT's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dexus Convenience Retail REIT (ASX:DXC) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.