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Abacus Group (ASX:ABG) 3-Year Dividend Growth Rate : 0.20% (As of Dec. 2023)


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What is Abacus Group 3-Year Dividend Growth Rate?

Abacus Group's Dividends per Share for the six months ended in Dec. 2023 was A$0.04.

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

ASX:ABG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 1   Max: 16.3
Current: 0.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Abacus Group was 16.30% per year. The lowest was -37.00% per year. And the median was 1.00% per year.

ASX:ABG's 3-Year Dividend Growth Rate is ranked worse than
61.48% of 501 companies
in the REITs industry
Industry Median: 2.1 vs ASX:ABG: 0.20

During the past 12 months, Abacus Group's average Dividends Per Share Growth Rate was -25.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% 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.

Abacus Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Abacus Group's Dividend Yield % is 11.77%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Abacus Group is 6.345, which seems too high.

Warning Sign:

Abacus Group stock dividend yield is close to 2-year low.

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


Competitive Comparison of Abacus Group's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Abacus Group'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.


Abacus Group's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

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



Abacus Group 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.


Abacus Group  (ASX:ABG) 3-Year Dividend Growth Rate Explanation

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

Abacus Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.043/ -0.162
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Abacus Group was 6.35. The lowest was 0.29. And the median was 0.49.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Abacus Group is 6.345, which seems too high.

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

Abacus Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0430002023-12-282023-12-292024-02-29Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0940002023-06-302023-07-032023-08-31Cash Dividendsemi-annuallyAUD: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.

Abacus Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.137/1.14
=12.02 %

Current Share Price is A$1.14.
Abacus Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.137.

During the past 13 years, the highest Dividend Yield of Abacus Group was 18.68%. The lowest was 8.86%. And the median was 12.27%.

Warning Sign:

Abacus Group stock dividend yield is close to 2-year low.

* 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.


Abacus Group 3-Year Dividend Growth Rate Related Terms>


Abacus Group (ASX:ABG) Business Description

Industry
Traded in Other Exchanges
Address
77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.