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GRIT Real Estateome Group (LSE:GR1T) Dividend Yield % : 5.96% (As of May. 27, 2024)


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What is GRIT Real Estateome Group Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of GRIT Real Estateome Group is 5.96%.

Warning Sign:

GRIT Real Estate Income Group Ltd stock dividend yield is close to 1-year low.

The historical rank and industry rank for GRIT Real Estateome Group's Dividend Yield % or its related term are showing as below:

LSE:GR1T' s Dividend Yield % Range Over the Past 10 Years
Min: 2.39   Med: 7.55   Max: 21.33
Current: 5.96

During the past 11 years, the highest Dividend Yield of GRIT Real Estateome Group was 21.33%. The lowest was 2.39%. And the median was 7.55%.

LSE:GR1T's Dividend Yield % is ranked better than
77.7% of 888 companies
in the Real Estate industry
Industry Median: 3.385 vs LSE:GR1T: 5.96

GRIT Real Estateome Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of GRIT Real Estate Income Group Ltd is 2.67, which seems too high.

During the past 11 years, the highest Dividend Payout Ratio of GRIT Real Estateome Group was 5.33. The lowest was 0.31. And the median was 1.15.

As of today (2024-05-27), the Forward Dividend Yield % of GRIT Real Estateome Group is 13.97%.

GRIT Real Estateome Group's Dividends per Share for the six months ended in Dec. 2023 was £0.00.

During the past 12 months, GRIT Real Estateome Group's average Dividends Per Share Growth Rate was -55.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -30.90% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of GRIT Real Estateome Group was -30.90% per year. The lowest was -39.40% per year. And the median was -35.15% per year.

The growth rate is calculated with least square regression.

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


GRIT Real Estateome Group Dividend Yield % Historical Data

The historical data trend for GRIT Real Estateome 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.

* Premium members only.

GRIT Real Estateome Group Dividend Yield % Chart

GRIT Real Estateome Group Annual Data
Trend Aug13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.21 15.16 2.34 5.90 9.98

GRIT Real Estateome Group Semi-Annual Data
Aug13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 5.90 11.05 9.98 15.44

Competitive Comparison of GRIT Real Estateome Group's Dividend Yield %

For the Real Estate Services subindustry, GRIT Real Estateome 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.


GRIT Real Estateome Group's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GRIT Real Estateome Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where GRIT Real Estateome Group's Dividend Yield % falls into.



GRIT Real Estateome Group Dividend Yield % Calculation

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

GRIT Real Estateome Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0150002024-04-042024-04-052024-05-15Cash Dividendsemi-annuallyUSD:GBP 0.799000

* 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.

GRIT Real Estateome Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.011985/0.20
=5.99 %

Current Share Price is £0.20.
GRIT Real Estateome Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.011985.

GRIT Real Estateome Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.02397/0.20
=11.99 %

Current Share Price is £0.20.
GRIT Real Estateome Group's Dividends per Share for the forward twelve months is calculated as £0.011985 * 2 = £0.02397.

* 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.


GRIT Real Estateome Group  (LSE:GR1T) 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.


GRIT Real Estateome Group Dividend Yield % Related Terms

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GRIT Real Estateome Group (LSE:GR1T) Business Description

Traded in Other Exchanges
Address
The Precinct,, M2 Junction, B11 Fond du Sac Road, Grand Baie, MUS, 31301
GRIT Real Estate Income Group Ltd is a real estate income group operating in selected African countries that invest in real estate assets. Its geographical segments include Botswana, Senegal, Morocco, Mozambique, Zambia, Kenya, Ghana, and Mauritius.

GRIT Real Estateome Group (LSE:GR1T) Headlines

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