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Heiwa Real Estate REIT's dividends per share for the
six
months ended in May. 2026 was 円3,990.00. Its dividends per share for the trailing twelve months (TTM) ended in May. 2026 was 円7,940.00. Its Dividend Payout Ratio for the
six
months ended in May. 2026 was 0.88. As of today, Heiwa Real Estate REIT's Dividend Yield % is 5.82%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heiwa Real Estate REIT Inc is 0.91, which seems too high.
Good Sign:
Heiwa Real Estate REIT Inc stock Dividend Yield % is close to 5-year high.
During the past 12 months, Heiwa Real Estate REIT's average Dividends Per Share Growth Rate was 6.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.30% 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 Heiwa Real Estate REIT was 10.30% per year. The lowest was 3.60% per year. And the median was 7.30% 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 Heiwa Real Estate REIT was 1.04. The lowest was 0.90. And the median was 0.99.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heiwa Real Estate REIT Inc is 0.91, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Heiwa Real Estate REIT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 3990.000000
2026-05-28
2026-05-31
2026-08-17
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 3950.000000
2025-11-27
2025-11-30
2026-02-16
Cash Dividend
semi-annually
JPY:JPY 1.000000
* 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.
Heiwa Real Estate REIT's Dividend Yield (%) for Today is calculated as
Current Share Price is 円134400.00.
Heiwa Real Estate REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円7940.
During the past 13 years, the highest Dividend Yield of Heiwa Real Estate REIT was 7.45%. The lowest was 2.93%. And the median was 4.15%.
Good Sign:
Heiwa Real Estate REIT 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.
Heiwa Real Estate REIT Dividends per Share Related Terms
Heiwa Real Estate REIT Dividends per Share Historical Data
* Premium members only.
The historical data trend for Heiwa Real Estate REIT's Dividends per Share 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.
TSE:8966 vs VICI, WPC: Dividends per Share Comparison
For the REIT - Diversified subindustry, Heiwa Real Estate REIT'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.
Heiwa Real Estate REIT Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate REIT's Dividend Yield % falls into.
What does a Dividends per Share of 円7,940.00 mean?
Heiwa Real Estate REIT (TSE:8966) has a Dividends per Share of 円7,940.00 as of May. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Heiwa Real Estate REIT and its competitors.
Is Heiwa Real Estate REIT's Dividends per Share too high?
Heiwa Real Estate REIT's current Dividends per Share is 円7,940.00. Overall, Heiwa Real Estate REIT has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate REIT's Dividends per Share compare to VICI and WPC?
Heiwa Real Estate REIT's Dividends per Share of 円7,940.00 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 Heiwa Real Estate REIT and its competitors. Heiwa Real Estate REIT's current Dividends per Share is 円7,940.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate REIT (TSE:8966) is currently considered Modestly Undervalued. The stock's GF Value™ is 円156,649.01, compared to a current price of 円134,400.00 — trading 14.2% below its estimated fair value. The current Dividends per Share is 円7,940.00. Heiwa Real Estate REIT's overall GF Score™ is 73/100 with 4 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 Heiwa Real Estate REIT (TSE:8966), the current Dividends per Share is 円7,940.00 as of May. 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 Heiwa Real Estate REIT (TSE:8966) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Real Estate REIT stock appears to be undervalued.
The current stock price of 円134,400.00 is trading 14.2% below its estimated GF Value™ of 円156,649.01.
GuruFocus considers Heiwa Real Estate REIT to be Modestly Undervalued.
Key valuation signals for TSE:8966:
Dividends per Share: 円7,940.00
GF Value™: 円156,649.01 vs. price of 円134,400.00 (14.2% below fair value)
No single metric tells the full story. See the TSE:8966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services.
73GF Score
Get the complete analysis for TSE:8966
Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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