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.
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.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Abacus Group Dividend Yield % Historical Data
The historical data trend for Abacus Group's Dividend Yield % 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.
Competitive Comparison of Abacus Group's Dividend Yield %
For the REIT - Diversified subindustry, Abacus Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Abacus Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Abacus Group's Dividend Yield % falls into.
Abacus Group Dividend Yield % Calculation
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 0.043000
2023-12-28
2023-12-29
2024-02-29
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.094000
2023-06-30
2023-07-03
2023-08-31
Cash Dividend
semi-annually
AUD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual 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.
Abacus Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.086
/
1.14
=
7.54 %
Current Share Price is A$1.14. Abacus Group's Dividends per Share for the forward twelve months is calculated as A$0.043 * 2 = A$0.086.
* 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 (ASX:ABG) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Abacus Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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