Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Dividend Payout Ratio: 0.72 (As of Mar. 2026) — 23% Below Median

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BKK:HYDROGEN Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
57 GF Score
Price ฿8.20
GF Value ฿9.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hydrogen Freehold and Leasehold REIT Dividend Payout Ratio?

Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN 57 Dividend Payout Ratio is 0.72 as of Mar. 2026, which is 23% below its 10-year median of 0.93. GuruFocus rates BKK:HYDROGEN with a GF Score™ of 57/100 and a GF Value™ of ฿9.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 709 REITs companies, Hydrogen Freehold and Leasehold REIT ranks better than 57.4% 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. Hydrogen Freehold and Leasehold REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hydrogen Freehold and Leasehold REIT is 0.92, which seems too high.

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

BKK:HYDROGEN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.82   Med: 0.93   Max: 0.98
Current: 0.92


During the past 4 years, the highest Dividend Payout Ratio of Hydrogen Freehold and Leasehold REIT was 0.98. The lowest was 0.82. And the median was 0.93.

BKK:HYDROGEN's Dividend Payout Ratio is ranked better than
57.4% of 709 companies
in the REITs industry
Industry Median: 0.99 vs BKK:HYDROGEN: 0.92

As of today (2026-08-11), the Dividend Yield % of Hydrogen Freehold and Leasehold REIT is 7.07%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Hydrogen Freehold and Leasehold REIT was 8.19%. The lowest was 3.93%. And the median was 6.69%.

Hydrogen Freehold and Leasehold REIT's Dividends per Share for the months ended in Mar. 2026 was ฿0.13.

During the past 12 months, Hydrogen Freehold and Leasehold REIT's average Dividends Per Share Growth Rate was -0.20% 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.


Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) 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.


Hydrogen Freehold and Leasehold REIT Dividend Payout Ratio Related Terms


Hydrogen Freehold and Leasehold REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hydrogen 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.

Hydrogen Freehold and Leasehold REIT Dividend Payout Ratio Chart

Hydrogen Freehold and Leasehold REIT Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
0.00 0.82 0.98 0.93

Hydrogen Freehold and Leasehold REIT Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.87 0.88 1.42 0.72

BKK:HYDROGEN vs VICI, WPC, BNL: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Hydrogen 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.


Hydrogen Freehold and Leasehold REIT Dividend Payout Ratio vs REITs Industry

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

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


BKK:HYDROGEN
57GF Score
Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydrogen Freehold and 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.

Hydrogen 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 )
=0.578/ 0.62
=0.93

Hydrogen 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 )
=0.13/ 0.18
=0.72

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.72 mean?
Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) has a Dividend Payout Ratio of 0.72 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hydrogen Freehold and Leasehold REIT and its competitors. This is 23% below median its historical median of 0.93. Over the past decade, Hydrogen Freehold and Leasehold REIT's Dividend Payout Ratio has ranged from 0.82 to 0.98. According to the industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #302 out of 709 companies in the REITs industry, placing it in the top 42.6%.
Is Hydrogen Freehold and Leasehold REIT's Dividend Payout Ratio too high?
Hydrogen Freehold and Leasehold REIT's current Dividend Payout Ratio of 0.72 is 23% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 0.98. The REITs industry median Dividend Payout Ratio is 0.99. Hydrogen Freehold and Leasehold REIT's value of 0.72 is 27.3% below this industry median. Based on the distribution chart, Hydrogen Freehold and Leasehold REIT ranks #302 out of 709 companies in the REITs industry, which is above the industry midpoint. Overall, Hydrogen Freehold and Leasehold REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen Freehold and Leasehold REIT's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #302 out of 709 companies for Dividend Payout Ratio. This puts Hydrogen Freehold and Leasehold REIT in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Hydrogen Freehold and Leasehold REIT's value of 0.72 is 27.3% below this benchmark. Historically, Hydrogen Freehold and Leasehold REIT's own Dividend Payout Ratio has ranged from 0.82 to 0.98 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.99, Hydrogen 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 709 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. Hydrogen Freehold and Leasehold REIT's current Dividend Payout Ratio of 0.72 is 27.3% 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 Hydrogen 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. Hydrogen Freehold and Leasehold REIT's current Dividend Payout Ratio is 0.72, which is 23% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.93, compared to a current price of ฿8.20 — trading 17.4% below its estimated fair value. The current Dividend Payout Ratio is 0.72, which is 23% below median its 10-year median of 0.93 and 27.3% below the REITs industry median of 0.99. Hydrogen Freehold and Leasehold REIT's overall GF Score™ is 57/100 with 4 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN), the current Dividend Payout Ratio is 0.72 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿8.20 is trading 17.4% below its estimated GF Value™ of ฿9.93. GuruFocus considers Hydrogen Freehold and Leasehold REIT to be Modestly Undervalued.

Key valuation signals for BKK:HYDROGEN:

  • Dividend Payout Ratio: 0.72 (23% below median its 10-year median of 0.93)
  • GF Value™: ฿9.93 vs. price of ฿8.20 (17.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 27.3% below the REITs median (#302 of 709)

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


Hydrogen Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address No. 989, Rama 3 Road, Bangpongpang Sub-district, Yannawa District, Bangkok, THA, 10120
Hydrogen Freehold and Leasehold REIT is a close-ended trust that invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse, and moveable properties of Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, Saha Group Industrial Park - Sriracha, and Tiger Suvarnabhumi Distribution Center - Lat Krabang.
57GF Score

Get the complete analysis for BKK:HYDROGEN

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

฿8.20
Price
฿9.93
GF Value