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Heiwa Real Estate REIT (TSE:8966) Dividend Payout Ratio : 0.95 (As of Nov. 2023)


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What is Heiwa Real Estate REIT Dividend Payout Ratio?

Heiwa Real Estate REIT's dividend payout ratio for the months ended in Nov. 2023 was 0.95.

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.

The historical rank and industry rank for Heiwa Real Estate REIT's Dividend Payout Ratio or its related term are showing as below:

TSE:8966' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1   Max: 1.04
Current: 0.97


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.

TSE:8966's Dividend Payout Ratio is ranked better than
56.56% of 564 companies
in the REITs industry
Industry Median: 1.01 vs TSE:8966: 0.97

As of today (2024-06-03), the Dividend Yield % of Heiwa Real Estate REIT is 5.08%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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


Heiwa Real Estate REIT Dividend Payout Ratio Historical Data

The historical data trend for Heiwa Real Estate REIT's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Heiwa Real Estate REIT Dividend Payout Ratio Chart

Heiwa Real Estate REIT Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.90 1.00 0.99 0.97

Heiwa Real Estate REIT Semi-Annual Data
Nov13 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.01 0.98 0.99 0.95

Competitive Comparison of Heiwa Real Estate REIT's Dividend Payout Ratio

For the REIT - Diversified subindustry, Heiwa Real Estate REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate REIT's Dividend Payout Ratio falls into.



Heiwa Real Estate REIT Dividend Payout Ratio Calculation

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 fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=6460/ 6660.792
=0.97

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

* 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 (TSE:8966) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Heiwa Real Estate REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Heiwa Real Estate REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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