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Heiwa Real Estate REIT (TSE:8966) 3-Year Dividend Growth Rate : 7.30% (As of Nov. 2023)


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What is Heiwa Real Estate REIT 3-Year Dividend Growth Rate?

Heiwa Real Estate REIT's Dividends per Share for the six months ended in Nov. 2023 was 円3,300.00.

The historical rank and industry rank for Heiwa Real Estate REIT's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:8966' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.6   Med: 7.3   Max: 10.3
Current: 7.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heiwa Real Estate REIT was 10.30% per year. The lowest was 3.60% per year. And the median was 7.30% per year.

TSE:8966's 3-Year Dividend Growth Rate is ranked better than
68.13% of 502 companies
in the REITs industry
Industry Median: 2.5 vs TSE:8966: 7.30

During the past 12 months, Heiwa Real Estate REIT's average Dividends Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Heiwa Real Estate REIT's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.95. As of today, Heiwa Real Estate REIT's Dividend Yield % is 5.08%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heiwa Real Estate REIT Inc is 0.97, which seems too high.

Good Sign:

Heiwa Real Estate REIT Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Heiwa Real Estate REIT's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Heiwa Real Estate REIT's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Heiwa Real Estate REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate REIT's 3-Year Dividend Growth Rate falls into.



Heiwa Real Estate REIT 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Heiwa Real Estate REIT  (TSE:8966) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Heiwa Real Estate REIT's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=3300/ 3470.655
=0.95

During the past 13 years, the highest Dividend Payout Ratio of Heiwa Real Estate REIT was 1.04. The lowest was 0.90. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heiwa Real Estate REIT Inc is 0.97, which seems too high.

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

Heiwa Real Estate REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 3340.0000002024-05-302024-05-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 3300.0000002023-11-292023-11-302024-02-15Cash Dividendsemi-annuallyJPY:JPY 1.000000

* 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.

Heiwa Real Estate REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6640/131100.00
=5.06 %

Current Share Price is 円131100.00.
Heiwa Real Estate REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円6640.

During the past 13 years, the highest Dividend Yield of Heiwa Real Estate REIT was 7.45%. The lowest was 2.93%. And the median was 3.97%.

Good Sign:

Heiwa Real Estate REIT Inc stock dividend yield is close to 3-year high.

* 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.


Heiwa Real Estate REIT 3-Year Dividend Growth Rate Related Terms>


Heiwa Real Estate REIT (TSE:8966) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237
Heiwa Real Estate REIT Inc is a real estate company that primarily invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other major cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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