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HomeCo Daily Needs REIT (ASX:HDN) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is HomeCo Daily Needs REIT Dividend Payout Ratio?

HomeCo Daily Needs REIT's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HomeCo Daily Needs REIT is 1.694, which seems too high.

The historical rank and industry rank for HomeCo Daily Needs REIT's Dividend Payout Ratio or its related term are showing as below:


During the past 2 years, the highest Dividend Payout Ratio of HomeCo Daily Needs REIT was 1.69. The lowest was 0.30. And the median was 0.99.

ASX:HDN's Dividend Payout Ratio is not ranked *
in the REITs industry.
Industry Median: 1.02
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-21), the Dividend Yield % of HomeCo Daily Needs REIT is 6.59%.

During the past 2 years, the highest Trailing Annual Dividend Yield of HomeCo Daily Needs REIT was 8.06%. The lowest was 0.00%. And the median was 0.00%.

HomeCo Daily Needs REIT's Dividends per Share for the months ended in Dec. 2023 was A$0.04.

The growth rate is calculated with least square regression.

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

HomeCo Daily Needs REIT Dividend Payout Ratio Historical Data

The historical data trend for HomeCo Daily Needs REIT's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

HomeCo Daily Needs REIT Dividend Payout Ratio Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
Dividend Payout Ratio
0.30 1.69

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio 0.26 0.40 0.91 14.00 -

Competitive Comparison of HomeCo Daily Needs REIT's Dividend Payout Ratio

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

HomeCo Daily Needs REIT's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Dividend Payout Ratio falls into.


HomeCo Daily Needs REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

HomeCo Daily Needs REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=0.083/ 0.049
=1.69

HomeCo Daily Needs 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 )
=0.042/ -0.005
=N/A

* 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.

HomeCo Daily Needs REIT (ASX:HDN) Dividend Payout Ratio Explanation

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.

HomeCo Daily Needs REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of HomeCo Daily Needs REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

HomeCo Daily Needs REIT (ASX:HDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Dividend Payout Ratio
Comparable Companies
ASX:CQR ASX:DXC ASX:CDP ASX:RGN ASX:SCG SPG O ASX:VCX HKSE:00823 KIM REG SGX:C38U FRT NNN XPAR:LI XPAR:URW BRX ADC TSE:3462 SGX:N2IU
Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
Website
https://www.home-co.com.au
HomeCo Daily Needs REIT, or HomeCo, is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. HomeCo targets 50% of assets in neighbourhood malls, 30% large-format, and 20% in health and services. After merging with Aventus Retail REIT in 2022, HomeCo is overweight large-format (just under half its portfolio) and underweight neighbourhood (one third of the portfolio), with health and services slightly below target. The plan is to move back to the target via redevelopment and tenant remixing, and potentially acquisitions. HomeCo seeks tenant leases before commencing developments, so we expect development opportunities will arise gradually, as population growth adds demand in HomeCo's catchments.

HomeCo Daily Needs REIT (ASX:HDN) Headlines

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