NIPPON REIT Investment (TSE:3296) Dividend-Payout-to-FFO: (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.

TSE:3296 NIPPON REIT Investment Corp TSE:3296
64 GF Score
Price 円80,700.00
GF Value 円97,834.59
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is NIPPON REIT Investment Dividend-Payout-to-FFO?

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

NIPPON REIT Investment's Dividends per Share for the six months that ended in Jun. 2026 was 円2,516.00 Mil. NIPPON REIT Investment's FFO per Share for the six months that ended in Jun. 2026 was 円 Mil. Therefore, NIPPON REIT Investment's dividend payout to FFO for the six months ended in Jun. 2026 was .

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


NIPPON REIT Investment Dividend-Payout-to-FFO Related Terms


NIPPON REIT Investment Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for NIPPON REIT Investment'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.

NIPPON REIT Investment Dividend-Payout-to-FFO Chart

NIPPON REIT Investment Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Dividend-Payout-to-FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

NIPPON REIT Investment Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - - -

TSE:3296 vs BXP, ARE, VNO: Dividend-Payout-to-FFO Comparison

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


NIPPON REIT Investment Dividend-Payout-to-FFO vs REITs Industry

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

* The bar in red indicates where NIPPON REIT Investment's Dividend-Payout-to-FFO falls into.


TSE:3296
64GF Score
NIPPON REIT Investment Corp TSE:3296
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON REIT Investment Dividend-Payout-to-FFO Calculation

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

NIPPON REIT Investment's Dividend-Payout-to-FFO for the fiscal year that ended in Jun. 2026 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Jun. 2026 )/FFO per Share (A: Jun. 2026 )
=4949/
=N/A

NIPPON REIT Investment'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 )
=2516/
=N/A

* 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.

Is NIPPON REIT Investment (TSE:3296) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued. The current stock price of 円80,700.00 is trading 17.5% below its estimated GF Value™ of 円97,834.59. GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3296:

  • Dividend-Payout-to-FFO:
  • GF Value™: 円97,834.59 vs. price of 円80,700.00 (17.5% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIPPON REIT Investment Business Description

Industry Real EstateREITs
Address No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score

Get the complete analysis for TSE:3296

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

円80,700.00
Price
円97,834.59
GF Value