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Stride Property (NZSE:SPG) 3-Year Dividend Growth Rate : -7.60% (As of Mar. 2024)


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What is Stride Property 3-Year Dividend Growth Rate?

Stride Property's Dividends per Share for the six months ended in Mar. 2024 was NZ$0.04.

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

NZSE:SPG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.6   Med: 0.9   Max: 31
Current: -7.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stride Property was 31.00% per year. The lowest was -7.60% per year. And the median was 0.90% per year.

NZSE:SPG's 3-Year Dividend Growth Rate is ranked worse than
71.48% of 547 companies
in the Real Estate industry
Industry Median: 5.4 vs NZSE:SPG: -7.60

During the past 12 months, Stride Property's average Dividends Per Share Growth Rate was -9.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.60% 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.

Stride Property's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.00. As of today, Stride Property's Dividend Yield % is 6.13%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Stride Property Ltd is 1.63, which seems too high.

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


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

For the Real Estate Services subindustry, Stride 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.


Stride Property's 3-Year Dividend Growth Rate Distribution in the Real Estate Industry

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

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



Stride 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.


Stride Property  (NZSE:SPG) 3-Year Dividend Growth Rate Explanation

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

Stride Property's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.04/ -0.01
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Stride Property was 1.63. The lowest was 0.30. And the median was 0.39.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Stride Property Ltd is 1.63, which seems too high.

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

Stride Property Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0200002024-02-232024-02-262024-03-13Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0200002023-12-052023-12-062023-12-22Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0200002023-08-302023-08-312023-09-18Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.06/1.28
=4.69 %

Current Share Price is NZ$1.28.
Stride Property's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.06.

During the past 13 years, the highest Dividend Yield of Stride Property was 7.80%. The lowest was 3.67%. And the median was 5.50%.

* 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.


Stride Property 3-Year Dividend Growth Rate Related Terms>


Stride Property (NZSE:SPG) Business Description

Traded in Other Exchanges
N/A
Address
34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010
Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.

Stride Property (NZSE:SPG) Headlines