Upcoming ASX Dividend Stock to Buy in March 2025

This ASX stock is among high quality dividend stocks having a record of consistency.

Dexus Industria REIT (ASX: DXI)

Share price -$2.67

Annual dividend yield - 6.14%

Dividend Pay date - 15 May 2025

Dividend amount per share $0.041

Franking - 0%

Dividend ex date - 28 March 2025

Market cap $847.11M

As of 12 March 2025

Dexus Industria REIT (DXI) reported strong performance for the half-year ending December 31, 2024, highlighting improvements in portfolio quality through high-quality developments and robust leasing activity. The company confirmed a distribution of 8.2 cents per security and an increase in Funds From Operations (FFO) per security by 5.7% to 9.1 cents. The statutory net profit after tax stood at $53.7 million, a significant turnaround from a $10.2 million loss in the prior corresponding period, primarily driven by property valuation gains. The company achieved a net valuation uplift of $34 million, reflecting a 2.4% increase in property values, which contributed to an 8-cent rise in Net Tangible Asset (NTA) per security, bringing it to $3.32.

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