NMMRF (Nomura Real Estate Master Fund) 3-Year Dividend Growth Rate: 2.70% (As of Feb. 2026) — Near Median

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NMMRF Nomura Real Estate Master Fund Inc NMMRF
57 GF Score
Price $1,008.35
GF Value $1,102.39
! 5 Warning Signs
View Full Analysis

What is Nomura Real Estate Master Fund 3-Year Dividend Growth Rate?

Nomura Real Estate Master Fund NMMRF 57 3-Year Dividend Growth Rate is 2.70% as of Feb. 2026, which is at its 10-year median of 2.70. GuruFocus rates NMMRF with a GF Score™ of 57/100 and a GF Value™ of $1,102.39. The stock has 5 warning signs investors should review. Among 619 REITs companies, Nomura Real Estate Master Fund ranks better than 50.08% on this metric.

Nomura Real Estate Master Fund's Dividends per Share for the six months ended in Feb. 2026 was $20.35.

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

NMMRF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.5   Med: 2.7   Max: 9.9
Current: 2.7

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Nomura Real Estate Master Fund was 9.90% per year. The lowest was -1.50% per year. And the median was 2.70% per year.

NMMRF's 3-Year Dividend Growth Rate is ranked better than
50.08% of 619 companies
in the REITs industry
Industry Median: 2.7 vs NMMRF: 2.70

During the past 12 months, Nomura Real Estate Master Fund's average Dividends Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% 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.

Nomura Real Estate Master Fund's Dividend Payout Ratio for the six months ended in Feb. 2026 was 1.10. As of today, Nomura Real Estate Master Fund's Dividend Yield % is 0.00%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nomura Real Estate Master Fund Inc is 1.06, which seems too high.

Good Sign:

Nomura Real Estate Master Fund Inc stock Dividend Yield % is close to 5-year high.

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


Nomura Real Estate Master Fund  (OTCPK:NMMRF) 3-Year Dividend Growth Rate Explanation

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

Nomura Real Estate Master Fund's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2026 )/ EPS without NRI (Q: Feb. 2026 )
=20.354/ 18.532
=1.10

During the past 11 years, the highest Dividend Payout Ratio of Nomura Real Estate Master Fund was 1.43. The lowest was 0.98. And the median was 1.09.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nomura Real Estate Master Fund Inc is 1.06, which seems too high.

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

Nomura Real Estate Master Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 3695.0000002026-08-282026-08-310000-00-00Cash Dividendsemi-annuallyJPY:USD 0.006281
JPY 3157.0000002026-02-262026-02-282026-05-25Cash Dividendsemi-annuallyJPY:USD 0.006408

* 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.

Nomura Real Estate Master Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=43.438351/1008.35
=4.31 %

Current Share Price is $1008.35.
Nomura Real Estate Master Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $43.438351.

During the past 11 years, the highest Dividend Yield of Nomura Real Estate Master Fund was 7.15%. The lowest was 2.60%. And the median was 3.83%.

Good Sign:

Nomura Real Estate Master Fund Inc stock Dividend Yield % is close to 5-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.


Nomura Real Estate Master Fund 3-Year Dividend Growth Rate Related Terms>


NMMRF vs SPG, O, KIM: 3-Year Dividend Growth Rate Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.


Nomura Real Estate Master Fund 3-Year Dividend Growth Rate vs REITs Industry

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

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


NMMRF
57GF Score
Nomura Real Estate Master Fund Inc NMMRF
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura Real Estate Master Fund 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.

What does a 3-Year Dividend Growth Rate of 2.70% mean?
Nomura Real Estate Master Fund (NMMRF) has a 3-Year Dividend Growth Rate of 2.70% as of Feb. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Nomura Real Estate Master Fund and its competitors. This is near median its historical median of 2.70. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #309 out of 619 companies in the REITs industry, placing it in the top 49.9%.
Is Nomura Real Estate Master Fund's 3-Year Dividend Growth Rate too high?
Nomura Real Estate Master Fund's current 3-Year Dividend Growth Rate of 2.70% is near median its 10-year median of 2.70. The REITs industry median 3-Year Dividend Growth Rate is 2.70. Nomura Real Estate Master Fund's value of 2.70% is 0% at this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #309 out of 619 companies in the REITs industry, which is above the industry midpoint. Overall, Nomura Real Estate Master Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's 3-Year Dividend Growth Rate compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #309 out of 619 companies for 3-Year Dividend Growth Rate. This puts Nomura Real Estate Master Fund in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 2.70. Nomura Real Estate Master Fund's value of 2.70% is 0% at this benchmark. While the company's 10-year median is 2.70 vs. the industry median of 2.70, Nomura Real Estate Master Fund has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.70, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomura Real Estate Master Fund's current 3-Year Dividend Growth Rate of 2.70% is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current 3-Year Dividend Growth Rate is 2.70%, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (NMMRF) has a current 3-Year Dividend Growth Rate of 2.70%. The stock's GF Value™ is $1,102.39, compared to a current price of $1,008.35 — trading 8.5% below its estimated fair value. The current 3-Year Dividend Growth Rate is 2.70%, which is near median its 10-year median of 2.70 and 0% at the REITs industry median of 2.70. Nomura Real Estate Master Fund's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current 3-Year Dividend Growth Rate is 2.70% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomura Real Estate Master Fund (NMMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of $1,008.35 is trading 8.5% below its estimated GF Value™ of $1,102.39.

Key valuation signals for NMMRF:

  • 3-Year Dividend Growth Rate: 2.70% (near median its 10-year median of 2.70)
  • GF Value™: $1,102.39 vs. price of $1,008.35 (8.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 0% at the REITs median (#309 of 619)

No single metric tells the full story. See the NMMRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura Real Estate Master Fund Business Description

Industry Real EstateREITs
Other Exchanges 3462:Japan
Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
57GF Score

Get the complete analysis for NMMRF

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,008.35
Price
$1,102.39
GF Value