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Bualuang Office Leasehold REITBKK:B-WORK 62 Dividend Payout Ratio is 6.31 as of Mar. 2026, which is 660% above its 10-year median of 0.83. GuruFocus rates BKK:B-WORK with a GF Score™ of 62/100 and a GF Value™ of ฿3.89 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 689 REITs companies, Bualuang Office Leasehold REIT ranks better than 79.68% 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. Bualuang Office Leasehold REIT's Dividend Payout Ratio for the
months ended in Mar. 2026 was 6.31.
The historical rank and industry rank for Bualuang Office Leasehold REIT's Dividend Payout Ratio or its related term are showing as below:
BKK:B-WORK'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.83 Max: 0.91
Current: 0.62
During the past 8 years, the highest Dividend Payout Ratio of Bualuang Office Leasehold REIT was 0.91. The lowest was 0.43. And the median was 0.83.
BKK:B-WORK's Dividend Payout Ratio is ranked better than 79.68% of 689
companies
in the REITs industry
Industry Median: 0.99
vs BKK:B-WORK: 0.62
During the past 8 years, the highest Trailing Annual Dividend Yield of Bualuang Office Leasehold REIT was 20.05%. The lowest was 2.78%. And the median was 7.69%.
During the past 12 months, Bualuang Office Leasehold REIT's average Dividends Per Share Growth Rate was 2.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -3.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Bualuang Office Leasehold REIT was 37.20% per year. The lowest was -3.10% per year. And the median was -2.50% 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.
Bualuang Office Leasehold REIT (BKK:B-WORK) 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.
Bualuang Office Leasehold REIT Dividend Payout Ratio Related Terms
Bualuang Office Leasehold REIT Dividend Payout Ratio 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.
Bualuang Office Leasehold REIT Dividend Payout Ratio Chart
BKK:B-WORK vs BXP, ARE, VNO: Dividend Payout Ratio Comparison
For the REIT - Office subindustry, Bualuang Office 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.
Bualuang Office Leasehold REIT Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Bualuang Office Leasehold REIT's Dividend Payout Ratio falls into.
Bualuang Office Leasehold REIT Dividend Payout Ratio Calculation
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.
* 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.
Bualuang Office Leasehold REIT (BKK:B-WORK) has a Dividend Payout Ratio of 6.31 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bualuang Office Leasehold REIT and its competitors. This is 660% above median its historical median of 0.83. Over the past decade, Bualuang Office Leasehold REIT's Dividend Payout Ratio has ranged from 0.43 to 0.91. According to the industry distribution chart, Bualuang Office Leasehold REIT ranks #140 out of 689 companies in the REITs industry, placing it in the top 20.3%.
Is Bualuang Office Leasehold REIT's Dividend Payout Ratio too high?
Bualuang Office Leasehold REIT's current Dividend Payout Ratio of 6.31 is 660% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.91. The REITs industry median Dividend Payout Ratio is 0.99. Bualuang Office Leasehold REIT's value of 6.31 is 537.4% above this industry median. Based on the distribution chart, Bualuang Office Leasehold REIT ranks #140 out of 689 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Bualuang Office Leasehold REIT has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bualuang Office Leasehold REIT's Dividend Payout Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Bualuang Office Leasehold REIT ranks #140 out of 689 companies for Dividend Payout Ratio. This places Bualuang Office Leasehold REIT in the top 20% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Bualuang Office Leasehold REIT's value of 6.31 is 537.4% above this benchmark. Historically, Bualuang Office Leasehold REIT's own Dividend Payout Ratio has ranged from 0.43 to 0.91 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.99, Bualuang Office Leasehold REIT has consistently been above 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 689 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. Bualuang Office Leasehold REIT's current Dividend Payout Ratio of 6.31 is 537.4% above 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 Bualuang Office 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. Bualuang Office Leasehold REIT's current Dividend Payout Ratio is 6.31, which is 660% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bualuang Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT (BKK:B-WORK) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.89, compared to a current price of ฿6.55 — trading 68.4% above its estimated fair value. The current Dividend Payout Ratio is 6.31, which is 660% above median its 10-year median of 0.83 and 537.4% above the REITs industry median of 0.99. Bualuang Office Leasehold REIT's overall GF Score™ is 62/100 with 8 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 Bualuang Office Leasehold REIT (BKK:B-WORK), the current Dividend Payout Ratio is 6.31 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 Bualuang Office Leasehold REIT (BKK:B-WORK) Overvalued in 2026?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.55 is trading 68.4% above its estimated GF Value™ of ฿3.89.
GuruFocus considers Bualuang Office Leasehold REIT to be Significantly Overvalued.
Key valuation signals for BKK:B-WORK:
Dividend Payout Ratio: 6.31 (660% above median its 10-year median of 0.83)
GF Value™: ฿3.89 vs. price of ฿6.55 (68.4% above fair value)
Industry Position: 537.4% above the REITs median (#140 of 689)
No single metric tells the full story. See the BKK:B-WORK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bualuang Office Leasehold REIT is an investment company. The Trust's objectives are to raise funds from investors and use funds to invest in the leasehold properties by lease and/ or sublease under 2 projects as follows: 1. True Tower 1 Project and 2. True Tower 2 Project. The Trust's main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The Trust has only one geographical segment that operates only in Thailand.
62GF Score
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