Growthpoint stock carries a 7.4 percent dividend increase into October 2026
Published on 10/04/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Growthpoint stock carries a 7.4 percent increase in the full-year dividend into October, while the JSE quote stood at ZAR 15.51 on October 2, 2026. The property group reported FY26 results for the year ended June 30, 2026, with distributable income per share rising 4.3 percent to 152.6 cents, according to Moneyweb.
Dividend date moves into view
Growthpoint declared total dividends of 133.5 cents per share for FY26, up from 124.3 cents in FY25. The final dividend was set at 67.3 cents per share, with October 14, 2026 named as the ex-dividend date and October 19, 2026 as the payment date by Moneyweb.
The payout ratio increased to 87.5 percent from 85 percent in FY25. Real Estate Investor Magazine reported that incoming Group CEO Estienne de Klerk will take over from Norbert Sasse after the FY26 results.
Growth improves as offices lag
Growthpoint's total property assets increased 2.8 percent to ZAR 160.1 billion in FY26, while the group loan-to-value ratio improved from 40.1 percent to 38.7 percent, according to BusinessDay. The group sold properties worth ZAR 4.9 billion during the year and plans to direct ZAR 1.4 billion to logistics and industrial developments in FY27, compared with ZAR 300 million for offices.
The portfolio mix remains the central operating issue. Gauteng office vacancies stood at 18.6 percent, while Growthpoint's share of distributable income from the V&A Waterfront rose 19 percent to ZAR 964.7 million, giving the company a quantified contrast between challenged offices and stronger coastal assets, BusinessDay reported.
Stock stays below yearly high
Growthpoint was last at ZAR 15.51 on the Johannesburg Stock Exchange on October 2, 2026 at 5:08 p.m. SAST, up ZAR 0.01 or 0.06 percent on the session. Its 52-week range was ZAR 14.89 to ZAR 19.01, placing the share price 18.41 percent below the yearly high, while market capitalization was ZAR 52.5 billion and volume reached 5,785,741 shares.
Growthpoint stock facts
- Company: Growthpoint Properties Limited
- Ticker: GRT
- Trading venue: Johannesburg Stock Exchange
- Price as of October 2, 2026, 5:08 p.m. SAST: ZAR 15.51
- Market capitalization: ZAR 52.5 billion (as of October 2, 2026)
- 52-week range: ZAR 14.89-19.01 (as of October 2, 2026)
- Sector / Industry: Real Estate / Diversified REITs
Upcoming dates for Growthpoint stock
- October 14, 2026: Ex-dividend date
- October 19, 2026: Dividend payment date
