Daiwa Office Investment (TSE:8976) Dividend Payout Ratio : 1.06 (As of Nov. 2023)

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What is Daiwa Office Investment Dividend Payout Ratio?

Daiwa Office Investment's dividend payout ratio for the months ended in Nov. 2023 was 1.06.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Daiwa Office Investment Corp is 0.99, which seems too high.

The historical rank and industry rank for Daiwa Office Investment's Dividend Payout Ratio or its related term are showing as below:

TSE:8976' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.95 Med: 0.99 Max: 1.07
Current: 0.99

During the past 13 years, the highest Dividend Payout Ratio of Daiwa Office Investment was 1.07. The lowest was 0.95. And the median was 0.99.

TSE:8976's Dividend Payout Ratio is ranked better than
54.37% of 561 companies
in the REITs industry
Industry Median: 1.01 vs TSE:8976: 0.99

As of today (2024-05-14), the Dividend Yield % of Daiwa Office Investment is 4.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daiwa Office Investment was 6.00%. The lowest was 2.26%. And the median was 3.46%.

Daiwa Office Investment's Dividends per Share for the months ended in Nov. 2023 was 円13,700.00.

During the past 12 months, Daiwa Office Investment's average Dividends Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daiwa Office Investment was 25.00% per year. The lowest was -44.00% per year. And the median was 7.60% per year.

The growth rate is calculated with least square regression.

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

Daiwa Office Investment Dividend Payout Ratio Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Dividend Payout Ratio Chart

Daiwa Office Investment Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Dividend Payout Ratio

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0.98

1.00

0.98

0.95

0.96

Daiwa Office Investment Semi-Annual Data
	May14	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															1.01	0.92	1.01	0.92	1.06

Competitive Comparison of Daiwa Office Investment's Dividend Payout Ratio

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

Daiwa Office Investment's Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's Dividend Payout Ratio falls into.

Daiwa Office Investment Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Daiwa Office Investment's Dividend Payout Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2022 )	/	EPS without NRI (A: Nov. 2022 )
	=	27700	/	28910.454
	=	0.96

Daiwa Office Investment'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 )
	=	13700	/	12947.34
	=	1.06

Daiwa Office Investment (TSE:8976) 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.

Daiwa Office Investment Dividend Payout Ratio Related Terms

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

Daiwa Office Investment (TSE:8976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Office Investment Corp (TSE:8976) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-2-1 Ginza, Chuo-ku, Tokyo, JPN

Website

https://www.daiwa-office.co.jp

Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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