GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Octodec Investments Ltd (JSE:OCT) » Definitions » Forward Dividend Yield %

Octodec Investments (JSE:OCT) Forward Dividend Yield % : 12.57% (As of May. 24, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Octodec Investments Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Octodec Investments is 12.57%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Octodec Investments is 14.14%.

JSE:OCT's Forward Dividend Yield % is ranked better than
85.87% of 835 companies
in the REITs industry
Industry Median: 7.19 vs JSE:OCT: 12.57

Octodec Investments's Dividends per Share for the six months ended in Feb. 2024 was R0.75.

During the past 12 months, Octodec Investments's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Octodec Investments was 27.40% per year. The lowest was -21.90% per year. And the median was 7.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Octodec Investments's Forward Dividend Yield %

For the REIT - Diversified subindustry, Octodec Investments's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Octodec Investments's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Octodec Investments's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Octodec Investments's Forward Dividend Yield % falls into.



Octodec Investments Forward Dividend Yield % Calculation

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

Octodec Investments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.7500002023-11-222023-11-242023-11-27Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.6000002023-05-312023-06-022023-06-05Cash Dividendsemi-annuallyZAR:ZAR 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.

Octodec Investments's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/9.55
=15.71 %

Current Share Price is R9.55.
Octodec Investments's Dividends per Share for the forward twelve months is calculated as R0.75 * 2 = R1.5.

Octodec Investments's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.35/9.55
=14.14 %

Current Share Price is R9.55.
Octodec Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.35.

* 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.


Octodec Investments  (JSE:OCT) Forward 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Octodec Investments Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Octodec Investments's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Octodec Investments (JSE:OCT) Business Description

Traded in Other Exchanges
N/A
Address
101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

Octodec Investments (JSE:OCT) Headlines

No Headlines