Heriot REIT (JSE:HET) Dividend Payout Ratio : 1.06 (As of Dec. 2023)

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What is Heriot REIT Dividend Payout Ratio?

Heriot REIT's dividend payout ratio for the months ended in Dec. 2023 was 1.06.

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

During the past 6 years, the highest Dividend Payout Ratio of Heriot REIT was 2.23. The lowest was 0.38. And the median was 0.76.

JSE:HET's Dividend Payout Ratio is not ranked ^*
in the REITs industry.
Industry Median: 1.01
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-24), the Dividend Yield % of Heriot REIT is 0.00%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Heriot REIT was 9.02%. The lowest was 0.00%. And the median was 7.61%.

Heriot REIT's Dividends per Share for the months ended in Dec. 2023 was R0.54.

During the past 12 months, Heriot REIT's average Dividends Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Heriot REIT was 8.10% per year. The lowest was 5.10% per year. And the median was 6.60% per year.

The growth rate is calculated with least square regression.

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

Heriot REIT Dividend Payout Ratio Historical Data

The historical data trend for Heriot REIT'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.

Heriot REIT Dividend Payout Ratio Chart

Heriot REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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1.00

2.23

0.76

0.38

0.48

Heriot REIT Semi-Annual Data
	Nov17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial							0.95	0.27	1.08	0.44	1.06

Competitive Comparison of Heriot REIT's Dividend Payout Ratio

For the REIT - Diversified subindustry, Heriot REIT'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.

Heriot REIT's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Heriot REIT's Dividend Payout Ratio falls into.

Heriot REIT Dividend Payout Ratio Calculation

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

Heriot REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	1.037	/	2.151
	=	0.48

Heriot REIT'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 )
	=	0.543	/	0.511
	=	1.06

Heriot REIT (JSE:HET) 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.

Heriot REIT Dividend Payout Ratio Related Terms

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

Heriot REIT (JSE:HET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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