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Argosy Property (NZSE:ARG) 3-Year Dividend Growth Rate : 1.00% (As of Sep. 2023)


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What is Argosy Property 3-Year Dividend Growth Rate?

Argosy Property's Dividends per Share for the six months ended in Sep. 2023 was NZ$0.03.

The historical rank and industry rank for Argosy Property's 3-Year Dividend Growth Rate or its related term are showing as below:

NZSE:ARG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.9   Med: 0.6   Max: 3.7
Current: 1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Argosy Property was 3.70% per year. The lowest was -8.90% per year. And the median was 0.60% per year.

NZSE:ARG's 3-Year Dividend Growth Rate is ranked worse than
59.2% of 500 companies
in the REITs industry
Industry Median: 2.4 vs NZSE:ARG: 1.00

During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Argosy Property's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00. As of today, Argosy Property's Dividend Yield % is 6.21%.

Good Sign:

Argosy Property Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Argosy Property's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Argosy Property's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Argosy Property's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Argosy Property's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Argosy Property's 3-Year Dividend Growth Rate falls into.



Argosy Property 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Argosy Property  (NZSE:ARG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Argosy Property'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 )
=0.033/ -0.023
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Argosy Property was 0.74. The lowest was 0.22. And the median was 0.48.

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

Argosy Property Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0166252024-03-122024-03-132024-03-27Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0166252023-12-052023-12-062023-12-20Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0166252023-09-122023-09-132023-09-27Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0166252023-06-062023-06-072023-06-21Cash DividendquarterlyNZD:NZD 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.

Argosy Property's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.0665/1.12
=5.94 %

Current Share Price is NZ$1.12.
Argosy Property's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.0665.

During the past 13 years, the highest Dividend Yield of Argosy Property was 7.88%. The lowest was 3.79%. And the median was 5.48%.

Good Sign:

Argosy Property Ltd stock dividend yield is close to 3-year high.

* 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.


Argosy Property 3-Year Dividend Growth Rate Related Terms>


Argosy Property (NZSE:ARG) Business Description

Industry
Traded in Other Exchanges
Address
Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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