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Arena REIT (ASX:ARF) 3-Year Dividend Growth Rate : 6.30% (As of Dec. 2023)


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What is Arena REIT 3-Year Dividend Growth Rate?

Arena REIT's Dividends per Share for the six months ended in Dec. 2023 was A$0.09.

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

ASX:ARF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 5   Med: 6.3   Max: 10.9
Current: 6.3

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Arena REIT was 10.90% per year. The lowest was 5.00% per year. And the median was 6.30% per year.

ASX:ARF's 3-Year Dividend Growth Rate is ranked better than
69.17% of 506 companies
in the REITs industry
Industry Median: 2.1 vs ASX:ARF: 6.30

During the past 12 months, Arena REIT's average Dividends Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% 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.

Arena REIT's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.58. As of today, Arena REIT's Dividend Yield % is 4.89%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Arena REIT is 1.31, which seems too high.

Good Sign:

Arena REIT stock dividend yield is close to 3-year high.

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


Competitive Comparison of Arena REIT's 3-Year Dividend Growth Rate

For the REIT - Specialty subindustry, Arena REIT'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.


Arena REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

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



Arena REIT 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.


Arena REIT  (ASX:ARF) 3-Year Dividend Growth Rate Explanation

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

Arena REIT'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 )
=0.087/ 0.055
=1.58

During the past 11 years, the highest Dividend Payout Ratio of Arena REIT was 1.31. The lowest was 0.17. And the median was 0.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Arena REIT is 1.31, which seems too high.

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

Arena REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0442024-03-272024-03-282024-05-09Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0442023-12-282023-12-292024-02-08Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0442023-09-282023-09-292023-11-02Cash DividendquarterlyAUD:AUD 1.000000
AUD 0.0422023-06-292023-06-302023-08-03Cash 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.

Arena REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.174/3.53
=4.93 %

Current Share Price is A$3.53.
Arena REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.174.

During the past 11 years, the highest Dividend Yield of Arena REIT was 9.12%. The lowest was 2.96%. And the median was 5.03%.

Good Sign:

Arena REIT 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.


Arena REIT 3-Year Dividend Growth Rate Related Terms>


Arena REIT (ASX:ARF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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