Dexus is maintaining its financial year (FY) distribution per security outlook, still expecting about A$0.48 per security.
The company notes that current conditions remain challenging.
The FY Adjusted Funds From Operations (AFFO) excluding trading profits is predicted to remain consistent with that of FY23.
There have been 4 purchases, 4 holds, and 3 sales noted recently.
Comparisons to past results have been made with values reported from the company’s initial disclosures.
A look at Dexus Property Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Dexus Property demonstrates a strong outlook for both value and dividends, scoring the highest rating of 5 for each category. This indicates that the company is considered to offer excellent value for investors and provides a competitive dividend yield. However, the growth and resilience scores for Dexus Property are relatively lower, with ratings of 2 for both factors. This suggests that while the company may not be experiencing significant growth or resilience compared to its peers, its momentum score of 3 implies a moderate level of positive market momentum.
Overall, Dexus Property‘s long-term outlook appears favorable for investors seeking value and a steady income stream through dividends. The company’s focus on managing and investing in a diversified portfolio of properties in Australia and New Zealand positions it well to continue delivering value to its shareholders, despite facing some challenges in terms of growth and resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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