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If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ichigo Office REIT Investment Corp is 1.00, which seems too high.
Warning Sign:
Ichigo Office REIT Investment Corp stock Dividend Yield % is close to 3-year low.
During the past 12 months, Ichigo Office REIT Investment's average Dividends Per Share Growth Rate was -15.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% 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.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ichigo Office REIT Investment was 23.80% per year. The lowest was 1.20% per year. And the median was 6.40% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
During the past 13 years, the highest Dividend Payout Ratio of Ichigo Office REIT Investment was 1.70. The lowest was 0.83. And the median was 1.02.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ichigo Office REIT Investment Corp is 1.00, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Ichigo Office REIT Investment Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 2376.000000
2026-04-28
2026-04-30
2026-07-22
Cash Dividend
semi-annually
JPY:USD 0.006383
JPY 2715.000000
2025-10-30
2025-10-31
2026-01-22
Cash Dividend
semi-annually
JPY:USD 0.006491
* 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.
Ichigo Office REIT Investment's Dividend Yield (%) for Today is calculated as
Current Share Price is $585.00.
Ichigo Office REIT Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $32.789073.
During the past 13 years, the highest Dividend Yield of Ichigo Office REIT Investment was 8.26%. The lowest was 0.00%. And the median was 5.09%.
Warning Sign:
Ichigo Office REIT Investment Corp stock Dividend Yield % is close to 3-year low.
* 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.
Ichigo Office REIT Investment Dividends per Share Related Terms
Ichigo Office REIT Investment Dividends per Share Historical Data
* 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.
Ichigo Office REIT Investment Dividends per Share Chart
FCRQF vs BXP, ARE, VNO: Dividends per Share Comparison
For the REIT - Office subindustry, Ichigo Office REIT Investment's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Ichigo Office REIT Investment Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ichigo Office REIT Investment's Dividend Yield % falls into.
Ichigo Office REIT Investment (FCRQF) has a Dividends per Share of $32.87 as of Apr. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Ichigo Office REIT Investment and its competitors.
Is Ichigo Office REIT Investment's Dividends per Share too high?
Ichigo Office REIT Investment's current Dividends per Share is $32.87. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's Dividends per Share compare to BXP and ARE?
Ichigo Office REIT Investment's Dividends per Share of $32.87 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 Dividends per Share for a REITs company?
A good Dividends per Share depends on the REITs industry context. However, Dividends per Share 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 Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Ichigo Office REIT Investment and its competitors. Ichigo Office REIT Investment's current Dividends per Share is $32.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current Dividends per Share of $32.87. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current Dividends per Share is $32.87. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Ichigo Office REIT Investment (FCRQF), the current Dividends per Share is $32.87 as of Apr. 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 Ichigo Office REIT Investment (FCRQF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued.
The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.
Key valuation signals for FCRQF:
Dividends per Share: $32.87
GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
No single metric tells the full story. See the FCRQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score
Get the complete analysis for FCRQF
Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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