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Octodec Investments (JSE:OCT) 3-Year Dividend Growth Rate : 12.20% (As of Feb. 2024)


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What is Octodec Investments 3-Year Dividend Growth Rate?

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

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

JSE:OCT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -21.9   Med: 7.5   Max: 27.4
Current: 12.2

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.

JSE:OCT's 3-Year Dividend Growth Rate is ranked better than
77.11% of 498 companies
in the REITs industry
Industry Median: 2.4 vs JSE:OCT: 12.20

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. 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.

Octodec Investments's Dividend Payout Ratio for the six months ended in Feb. 2024 was 1.03. As of today, Octodec Investments's Dividend Yield % is 13.99%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Octodec Investments Ltd is 0.90, which seems too high.

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


Competitive Comparison of Octodec Investments's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Octodec Investments'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.


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

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

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



Octodec Investments 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.


Octodec Investments  (JSE:OCT) 3-Year Dividend Growth Rate Explanation

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

Octodec Investments's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.75/ 0.731
=1.03

During the past 13 years, the highest Dividend Payout Ratio of Octodec Investments was 1.65. The lowest was 0.19. And the median was 0.73.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Octodec Investments Ltd is 0.90, which seems too high.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.35/9.64
=14.00 %

Current Share Price is R9.64.
Octodec Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is R1.35.

During the past 13 years, the highest Dividend Yield of Octodec Investments was 42.20%. The lowest was 3.80%. And the median was 10.15%.

* 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 3-Year Dividend Growth Rate Related Terms>


Octodec Investments (JSE:OCT) Business Description

Industry
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.

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