GPT's Dividend Forecast Disappoints Bull -- Market Talk

Dow Jones
Feb 16

2332 GMT - The blemish on GPT's annual result was its dividend outlook, signals Jefferies. GPT's result for last year was in line and guidance for funds from operations of 35.4 Australian cents per security in 2026 also met expectations. However, analyst Andrew Dodds says GPT's forecast dividend of 24.5 cents/security in 2026 was 3% below his own projection of 25.3 cents. The miss reflects a 9% rise in maintenance and leasing capex. "We wouldn't expect material consensus FFO/security revisions following today's results," Jefferies says. "However consensus distribution growth going forward will likely be wound back." GPT is down 0.6% at A$5.00 in early trading, underperforming the benchmark S&P/ASX 200 index, which is up 0.3%.(david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

February 15, 2026 18:32 ET (23:32 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10