Arena REIT (ASX:ARF) Dividend Payout Ratio: 0.35 (As of Dec. 2025) — 35% Below Median

What is Arena REIT Dividend Payout Ratio?

Arena REIT ASX:ARF +0.62% 85 Dividend Payout Ratio is 0.35 as of Dec. 2025, which is 35% below its 10-year median of 0.54. GuruFocus rates ASX:ARF with a GF Score™ of 85/100 and a GF Value™ of A$3.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 718 REITs companies, Arena REIT ranks better than 87.47% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Arena REIT's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.35.

The historical rank and industry rank for Arena REIT's Dividend Payout Ratio or its related term are showing as below:

ASX:ARF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.54 Max: 1.07
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Arena REIT was 1.07. The lowest was 0.17. And the median was 0.54.

ASX:ARF's Dividend Payout Ratio is ranked better than
87.47% of 718 companies
in the REITs industry
Industry Median: 0.99 vs ASX:ARF: 0.49

As of today (2026-06-27), the Dividend Yield % of Arena REIT is 5.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Arena REIT was 9.12%. The lowest was 2.96%. And the median was 4.75%.

Arena REIT's Dividends per Share for the months ended in Dec. 2025 was A$0.10.

During the past 12 months, Arena REIT's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Arena REIT was 10.90% per year. The lowest was 4.60% per year. And the median was 5.80% per year.

The growth rate is calculated with least square regression.

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.

Arena REIT (ASX:ARF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Arena REIT Dividend Payout Ratio Related Terms

Arena REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Arena REIT's Dividend Payout Ratio 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.

Arena REIT Dividend Payout Ratio Chart

Arena REIT Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.31

0.17

0.79

1.07

0.89

Arena REIT Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Dividend Payout Ratio	Get a 7-Day Free Trial															1.58	0.81	0.98	0.81	0.35

ASX:ARF vs EQIX, AMT, DLR: Dividend Payout Ratio Comparison

For the REIT - Specialty subindustry, Arena REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Arena REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Arena REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Arena REIT's Dividend Payout Ratio falls into.

Save Embed

85GF Score

Arena REIT ASX:ARF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Arena REIT Dividend Payout Ratio Calculation

Arena REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2025 )	/	EPS without NRI (A: Jun. 2025 )
	=	0.183	/	0.206
	=	0.89

Arena REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	0.096	/	0.272
	=	0.35

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.35 mean?

Arena REIT (ASX:ARF) has a Dividend Payout Ratio of 0.35 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Arena REIT and its competitors. This is 35% below median its historical median of 0.54. Over the past decade, Arena REIT's Dividend Payout Ratio has ranged from 0.17 to 1.07. According to the industry distribution chart, Arena REIT ranks #90 out of 718 companies in the REITs industry, placing it in the top 12.5%.

Is Arena REIT's Dividend Payout Ratio too high?

Arena REIT's current Dividend Payout Ratio of 0.35 is 35% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.07. The REITs industry median Dividend Payout Ratio is 0.99. Arena REIT's value of 0.35 is 64.6% below this industry median. Based on the distribution chart, Arena REIT ranks #90 out of 718 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Arena REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Arena REIT's Dividend Payout Ratio compare to EQIX and AMT?

According to the REITs industry distribution chart, Arena REIT ranks #90 out of 718 companies for Dividend Payout Ratio. This places Arena REIT in the top 13% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Arena REIT's value of 0.35 is 64.6% below this benchmark. Historically, Arena REIT's own Dividend Payout Ratio has ranged from 0.17 to 1.07 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.99, Arena REIT has consistently been below 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 Dividend Payout Ratio for a REITs company?

The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arena REIT's current Dividend Payout Ratio of 0.35 is 64.6% below 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Arena REIT and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena REIT's current Dividend Payout Ratio is 0.35, which is 35% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Arena REIT stock overvalued right now?

Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Fairly Valued. The stock's GF Value™ is A$3.54, compared to a current price of A$3.26 — trading 7.9% below its estimated fair value. The current Dividend Payout Ratio is 0.35, which is 35% below median its 10-year median of 0.54 and 64.6% below the REITs industry median of 0.99. Arena REIT's overall GF Score™ is 85/100 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 Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Arena REIT (ASX:ARF), the current Dividend Payout Ratio is 0.35 as of Dec. 2025. 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 Arena REIT (ASX:ARF) Overvalued in 2026?

Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued. The current stock price of A$3.26 is trading 7.9% below its estimated GF Value™ of A$3.54. GuruFocus considers Arena REIT to be Fairly Valued.

Key valuation signals for ASX:ARF:

Dividend Payout Ratio: 0.35 (35% below median its 10-year median of 0.54)
GF Value™: A$3.54 vs. price of A$3.26 (7.9% below fair value)
GF Score™: 85/100 with 5 warning signs
Industry Position: 64.6% below the REITs median (#90 of 718)

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

Arena REIT Business Description

Industry Real Estate REITs

Comparable Companies ASX:DGT ASX:WPR ASX:CQE ASX:RFF EQIX AMT DLR CCI IRM SBAC WY LAMR GLPI RYN OUT FRMI EPR MEX:EDUCA18 BOM:543385 XBRU:SHUR

Address 8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000

Website https://www.arena.com.au

Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.

85GF Score

Get the complete analysis for ASX:ARF

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

A$3.26

Price

A$3.54

GF Value

View ASX:ARF Analysis

See Dividend Payout Ratio data for all stocks →