Scentre Group (ASX:SCG) Dividend Payout Ratio : 16.60 (As of Dec. 2023)

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What is Scentre Group Dividend Payout Ratio?

Scentre Group's dividend payout ratio for the months ended in Dec. 2023 was 16.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Scentre Group is 4.88, which seems too high.

The historical rank and industry rank for Scentre Group's Dividend Payout Ratio or its related term are showing as below:

ASX:SCG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.51 Max: 4.88
Current: 4.88

During the past 13 years, the highest Dividend Payout Ratio of Scentre Group was 4.88. The lowest was 0.27. And the median was 0.51.

ASX:SCG's Dividend Payout Ratio is ranked worse than
91.8% of 561 companies
in the REITs industry
Industry Median: 1.02 vs ASX:SCG: 4.88

As of today (2024-04-30), the Dividend Yield % of Scentre Group is 5.27%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Scentre Group was 14.83%. The lowest was 3.58%. And the median was 5.28%.

Scentre Group's Dividends per Share for the months ended in Dec. 2023 was A$0.08.

During the past 12 months, Scentre Group's average Dividends Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Scentre Group was 33.20% per year. The lowest was -19.30% per year. And the median was 2.20% per year.

The growth rate is calculated with least square regression.

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

Scentre Group Dividend Payout Ratio Historical Data

The historical data trend for Scentre Group'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.

Scentre Group Dividend Payout Ratio Chart

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.01

0.82

2.55

4.85

Scentre Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.75	0.79	-	2.86	16.60

Competitive Comparison of Scentre Group's Dividend Payout Ratio

For the REIT - Retail subindustry, Scentre Group'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.

Scentre Group's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Scentre Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Scentre Group's Dividend Payout Ratio falls into.

Scentre Group Dividend Payout Ratio Calculation

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

Scentre Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.165	/	0.034
	=	4.85

Scentre 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 )
	=	0.083	/	0.005
	=	16.60

Scentre Group (ASX:SCG) 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.

Scentre Group Dividend Payout Ratio Related Terms

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

Scentre Group (ASX:SCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (ASX:SCG) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.