DRETF (Dream Office Real Estate Investment Trust) Dividend-Payout-to-FFO: 0.46 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DRETF Dream Office Real Estate Investment Trust DRETF
67 GF Score
Price $13.51
GF Value $12.36
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO?

Dream Office Real Estate Investment Trust DRETF 67 Dividend-Payout-to-FFO is 0.46 as of Jun. 2026. GuruFocus rates DRETF with a GF Score™ of 67/100 and a GF Value™ of $12.36 (Fairly Valued). The stock has 5 warning signs investors should review.

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Dream Office Real Estate Investment Trust's Dividends per Share for the three months that ended in Jun. 2026 was $0.18 Mil. Dream Office Real Estate Investment Trust's FFO per Share for the three months that ended in Jun. 2026 was $0.38 Mil. Therefore, Dream Office Real Estate Investment Trust's dividend payout to FFO for the three months ended in Jun. 2026 was 0.46.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO Related Terms


Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO 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.

Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO Chart

Dream Office Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend-Payout-to-FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.49 4.79 0.40 2.98

Dream Office Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend-Payout-to-FFO 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 -0.33 0.49 0.44 0.65 0.46

DRETF vs BXP, ARE, VNO: Dividend-Payout-to-FFO Comparison

For the REIT - Office subindustry, Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO 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.


Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO distribution charts can be found below:

* The bar in red indicates where Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO falls into.


DRETF
67GF Score
Dream Office Real Estate Investment Trust DRETF
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Office Real Estate Investment Trust Dividend-Payout-to-FFO Calculation

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO for the fiscal year that ended in Dec. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Dec. 2025 )/FFO per Share (A: Dec. 2025 )
=0.725/0.243
=2.98

Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO for the quarter that ended in Jun. 2026 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (Q: Jun. 2026 )/FFO per Share (Q: Jun. 2026 )
=0.178/0.384
=0.46

* 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.

Frequently Asked Questions Learn more about Dividend-Payout-to-FFO →
What does a Dividend-Payout-to-FFO of 0.46 mean?
Dream Office Real Estate Investment Trust (DRETF) has a Dividend-Payout-to-FFO of 0.46 as of Jun. 2026. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Dream Office Real Estate Investment Trust and its competitors.
Is Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO too high?
Dream Office Real Estate Investment Trust's current Dividend-Payout-to-FFO is 0.46. Overall, Dream Office Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO compare to BXP and ARE?
Dream Office Real Estate Investment Trust's Dividend-Payout-to-FFO of 0.46 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Dream Office Real Estate Investment Trust and its competitors. Dream Office Real Estate Investment Trust's current Dividend-Payout-to-FFO is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Office Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust (DRETF) is currently considered Fairly Valued. The stock's GF Value™ is $12.36, compared to a current price of $13.51 — trading 9.3% above its estimated fair value. The current Dividend-Payout-to-FFO is 0.46. Dream Office Real Estate Investment Trust's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For Dream Office Real Estate Investment Trust (DRETF), the current Dividend-Payout-to-FFO is 0.46 as of Jun. 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 Dream Office Real Estate Investment Trust (DRETF) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust stock appears to be overvalued. The current stock price of $13.51 is trading 9.3% above its estimated GF Value™ of $12.36. GuruFocus considers Dream Office Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for DRETF:

  • Dividend-Payout-to-FFO: 0.46
  • GF Value™: $12.36 vs. price of $13.51 (9.3% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Dream Office Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges D.UN:Canada
Address 30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation.
67GF Score

Get the complete analysis for DRETF

Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.51
Price
$12.36
GF Value