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Attacq (JSE:ATT) 3-Year Dividend Growth Rate : -2.80% (As of Dec. 2023)


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What is Attacq 3-Year Dividend Growth Rate?

Attacq's Dividends per Share for the six months ended in Dec. 2023 was R0.29.

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

JSE:ATT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -2.8   Med: -2.8   Max: -2.8
Current: -2.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Attacq was -2.80% per year. The lowest was -2.80% per year. And the median was -2.80% per year.

JSE:ATT's 3-Year Dividend Growth Rate is ranked worse than
71.74% of 499 companies
in the REITs industry
Industry Median: 2.4 vs JSE:ATT: -2.80

During the past 12 months, Attacq's average Dividends Per Share Growth Rate was 16.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.80% 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.

Attacq's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.80. As of today, Attacq's Dividend Yield % is 5.74%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Attacq Ltd is 1.44, which seems too high.

Warning Sign:

Attacq Ltd stock dividend yield is close to 5-year low.

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


Competitive Comparison of Attacq's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Attacq'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.


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

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

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



Attacq 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.


Attacq  (JSE:ATT) 3-Year Dividend Growth Rate Explanation

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

Attacq's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ Earnings per Share (Diluted) (Q: Dec. 2023 )
=0.29/ 0.364
=0.80

During the past 13 years, the highest Dividend Payout Ratio of Attacq was 7.16. The lowest was 0.99. And the median was 4.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Attacq Ltd is 1.44, which seems too high.

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

Attacq Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.3000002024-04-032024-04-052024-04-08Cash Dividendsemi-annuallyZAR:ZAR 1.000000
ZAR 0.2900002023-10-182023-10-202023-10-23Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.59/10.27
=5.74 %

Current Share Price is R10.27.
Attacq's Dividends per Share for the trailing twelve months (TTM) ended in Today is R0.59.

During the past 13 years, the highest Dividend Yield of Attacq was 27.74%. The lowest was 5.74%. And the median was 10.05%.

Warning Sign:

Attacq Ltd stock dividend yield is close to 5-year low.

* 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.


Attacq 3-Year Dividend Growth Rate Related Terms>


Attacq (JSE:ATT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
44 Magwa Crescent, Nexus 1, Ground floor, Waterfall City, Johannesburg, GT, ZAF, 2090
Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company's property investment portfolio contains commercial and retail real estate investments, which are located in South Africa, emerging markets excluding South Africa, and developed markets (such as some countries in Europe), with property investment in South Africa accounting for around two-thirds of total property assets. The company's property investment portfolio accounts for the majority of the company's total property portfolio. The company also develops properties to address tenants' needs or to generate investment properties. It generates the majority of its total revenue from rental income.