GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Office REIT Investment Corp (TSE:8975) » Definitions » 3-Year Dividend Growth Rate

Ichigo Office REIT Investment (TSE:8975) 3-Year Dividend Growth Rate : 13.00% (As of Oct. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Ichigo Office REIT Investment 3-Year Dividend Growth Rate?

Ichigo Office REIT Investment's Dividends per Share for the six months ended in Oct. 2023 was 円2,115.00.

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

TSE:8975' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.2   Med: 6.5   Max: 23.8
Current: 13

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ichigo Office REIT Investment was 23.80% per year. The lowest was 1.20% per year. And the median was 6.50% per year.

TSE:8975's 3-Year Dividend Growth Rate is ranked better than
78.4% of 500 companies
in the REITs industry
Industry Median: 2.4 vs TSE:8975: 13.00

During the past 12 months, Ichigo Office REIT Investment's average Dividends Per Share Growth Rate was 39.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.10% 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.

Ichigo Office REIT Investment's Dividend Payout Ratio for the six months ended in Oct. 2023 was 1.03. As of today, Ichigo Office REIT Investment's Dividend Yield % is 5.10%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ichigo Office REIT Investment Corp is 1.01, which seems too high.

Warning Sign:

Ichigo Office REIT Investment Corp stock dividend yield is close to 1-year low.

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


Competitive Comparison of Ichigo Office REIT Investment's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Ichigo Office REIT Investment'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.


Ichigo Office REIT Investment's 3-Year Dividend Growth Rate Distribution in the REITs Industry

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

* The bar in red indicates where Ichigo Office REIT Investment's 3-Year Dividend Growth Rate falls into.



Ichigo Office REIT Investment 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.


Ichigo Office REIT Investment  (TSE:8975) 3-Year Dividend Growth Rate Explanation

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

Ichigo Office REIT Investment's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=2115/ 2045.623
=1.03

During the past 13 years, the highest Dividend Payout Ratio of Ichigo Office REIT Investment was 1.70. The lowest was 0.83. And the median was 1.03.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ichigo Office REIT Investment Corp is 1.01, which seems too high.

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

Ichigo Office REIT Investment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 2169.0000002024-04-262024-04-300000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 2115.0000002023-10-302023-10-312024-01-22Cash 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.

Ichigo Office REIT Investment's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4284/84800.00
=5.05 %

Current Share Price is 円84800.00.
Ichigo Office REIT Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円4284.

During the past 13 years, the highest Dividend Yield of Ichigo Office REIT Investment was 8.26%. The lowest was 3.06%. And the median was 4.77%.

Warning Sign:

Ichigo Office REIT Investment Corp stock dividend yield is close to 1-year low.

* 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.


Ichigo Office REIT Investment 3-Year Dividend Growth Rate Related Terms>


Ichigo Office REIT Investment (TSE:8975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

Ichigo Office REIT Investment (TSE:8975) Headlines

No Headlines