Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Dividend Payout Ratio: 0.96 (As of Mar. 2026) — Near Median

What is Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART -0.78% 85 Dividend Payout Ratio is 0.96 as of Mar. 2026, which is 9% above its 10-year median of 0.88. GuruFocus rates BKK:AXTRART with a GF Score™ of 85/100 and a GF Value™ of ฿13.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 716 REITs companies, Axtra Future City Freehold and Leasehold REIT ranks better than 52.65% 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. Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.96.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Axtra Future City Freehold and Leasehold REIT is 0.97, which seems too high.

The historical rank and industry rank for Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio or its related term are showing as below:

BKK:AXTRART' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.74 Med: 0.88 Max: 1.04
Current: 0.97

During the past 13 years, the highest Dividend Payout Ratio of Axtra Future City Freehold and Leasehold REIT was 1.04. The lowest was 0.74. And the median was 0.88.

BKK:AXTRART's Dividend Payout Ratio is ranked better than
52.65% of 716 companies
in the REITs industry
Industry Median: 0.99 vs BKK:AXTRART: 0.97

As of today (2026-06-29), the Dividend Yield % of Axtra Future City Freehold and Leasehold REIT is 6.81%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Axtra Future City Freehold and Leasehold REIT was 9.98%. The lowest was 3.47%. And the median was 5.07%.

Axtra Future City Freehold and Leasehold REIT's Dividends per Share for the months ended in Mar. 2026 was ฿0.22.

During the past 12 months, Axtra Future City Freehold and Leasehold REIT's average Dividends Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Axtra Future City Freehold and Leasehold REIT was 21.00% per year. The lowest was -9.00% per year. And the median was 2.85% 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.

Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) 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.

Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio Related Terms

Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold 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.

Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio Chart

Axtra Future City Freehold and Leasehold REIT Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Dec25

Dividend Payout Ratio

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1.04

0.94

1.00

0.90

0.74

Axtra Future City Freehold and Leasehold REIT Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	1.25	0.91	0.80	0.96

BKK:AXTRART vs SPG, O, KIM: Dividend Payout Ratio Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold 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.

Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio falls into.

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85GF Score

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART

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

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Axtra Future City Freehold and Leasehold REIT Dividend Payout Ratio Calculation

Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.726	/	0.983
	=	0.74

Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.219	/	0.228
	=	0.96

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.96 mean?

Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Dividend Payout Ratio of 0.96 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is near median its historical median of 0.88. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio has ranged from 0.74 to 1.04. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #339 out of 716 companies in the REITs industry, placing it in the top 47.3%.

Is Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio too high?

Axtra Future City Freehold and Leasehold REIT's current Dividend Payout Ratio of 0.96 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.04. The REITs industry median Dividend Payout Ratio is 0.99. Axtra Future City Freehold and Leasehold REIT's value of 0.96 is 3% below this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #339 out of 716 companies in the REITs industry, which is above the industry midpoint. Overall, Axtra Future City Freehold and Leasehold 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 Axtra Future City Freehold and Leasehold REIT's Dividend Payout Ratio compare to SPG and O?

According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #339 out of 716 companies for Dividend Payout Ratio. This puts Axtra Future City Freehold and Leasehold REIT in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Axtra Future City Freehold and Leasehold REIT's value of 0.96 is 3% below this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Dividend Payout Ratio has ranged from 0.74 to 1.04 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.99, Axtra Future City Freehold and Leasehold 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 716 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. Axtra Future City Freehold and Leasehold REIT's current Dividend Payout Ratio of 0.96 is 3% 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 Axtra Future City Freehold and Leasehold 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. Axtra Future City Freehold and Leasehold REIT's current Dividend Payout Ratio is 0.96, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.70 — trading 3.1% below its estimated fair value. The current Dividend Payout Ratio is 0.96, which is near median its 10-year median of 0.88 and 3% below the REITs industry median of 0.99. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Dividend Payout Ratio is 0.96 as of Mar. 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿12.70 is trading 3.1% below its estimated GF Value™ of ฿13.10. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

Dividend Payout Ratio: 0.96 (near median its 10-year median of 0.88)
GF Value™: ฿13.10 vs. price of ฿12.70 (3.1% below fair value)
GF Score™: 85/100 with 3 warning signs
Industry Position: 3% below the REITs median (#339 of 716)

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

Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real Estate REITs

Comparable Companies BKK:FUTURERT BKK:ALLY BKK:AIMCG SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC NNN ASX:VCX TSX:CHP.UN MAC EPRT

Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260

Website https://www.axtrart.com

Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.

85GF Score

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

฿12.70

Price

฿13.10

GF Value

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