Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) Dividend Payout Ratio: 2.25 (As of Mar. 2026) — 147% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:QHBREIT Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
44 GF Score
Price ฿3.84
! 3 Warning Signs
View Full Analysis

What is Quality Houses Business Complex Leasehold REIT Dividend Payout Ratio?

Quality Houses Business Complex Leasehold REIT BKK:QHBREIT +0.52% 44 Dividend Payout Ratio is 2.25 as of Mar. 2026, which is 147% above its 10-year median of 0.91. GuruFocus rates BKK:QHBREIT with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 705 REITs companies, Quality Houses Business Complex Leasehold REIT ranks worse than 61.7% 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. Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Quality Houses Business Complex Leasehold REIT is 1.13, which seems too high.

The historical rank and industry rank for Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio or its related term are showing as below:

BKK:QHBREIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.91   Max: 1.2
Current: 1.13


During the past 13 years, the highest Dividend Payout Ratio of Quality Houses Business Complex Leasehold REIT was 1.20. The lowest was 0.77. And the median was 0.91.

BKK:QHBREIT's Dividend Payout Ratio is ranked worse than
61.7% of 705 companies
in the REITs industry
Industry Median: 0.99 vs BKK:QHBREIT: 1.13

As of today (2026-08-08), the Dividend Yield % of Quality Houses Business Complex Leasehold REIT is 21.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Quality Houses Business Complex Leasehold REIT was 21.88%. The lowest was 5.86%. And the median was 8.87%.

Quality Houses Business Complex Leasehold REIT's Dividends per Share for the months ended in Mar. 2026 was ฿0.30.

During the past 12 months, Quality Houses Business Complex Leasehold REIT's average Dividends Per Share Growth Rate was 45.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Quality Houses Business Complex Leasehold REIT was 7.20% per year. The lowest was -7.60% per year. And the median was 0.30% 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.


Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) 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.


Quality Houses Business Complex Leasehold REIT Dividend Payout Ratio Related Terms


Quality Houses Business Complex Leasehold REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Quality Houses Business Complex 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.

Quality Houses Business Complex Leasehold REIT Dividend Payout Ratio Chart

Quality Houses Business Complex Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.00 1.20 0.00 0.77

Quality Houses Business Complex Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.55 0.56 1.44 2.25

BKK:QHBREIT vs BXP, ARE, VNO: Dividend Payout Ratio Comparison

For the REIT - Office subindustry, Quality Houses Business Complex 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.


Quality Houses Business Complex Leasehold REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio falls into.


BKK:QHBREIT
44GF Score
Quality Houses Business Complex Leasehold REIT BKK:QHBREIT
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quality Houses Business Complex 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.

Quality Houses Business Complex 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 )
=0.633/ 0.822
=0.77

Quality Houses Business Complex 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 )
=0.295/ 0.131
=2.25

* 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 2.25 mean?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a Dividend Payout Ratio of 2.25 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. This is 147% above median its historical median of 0.91. Over the past decade, Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio has ranged from 0.77 to 1.20. According to the industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #435 out of 705 companies in the REITs industry, placing it in the top 61.7%.
Is Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio too high?
Quality Houses Business Complex Leasehold REIT's current Dividend Payout Ratio of 2.25 is 147% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.20. The REITs industry median Dividend Payout Ratio is 0.99. Quality Houses Business Complex Leasehold REIT's value of 2.25 is 127.3% above this industry median. Based on the distribution chart, Quality Houses Business Complex Leasehold REIT ranks #435 out of 705 companies in the REITs industry, which is below the industry midpoint. Overall, Quality Houses Business Complex Leasehold REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Quality Houses Business Complex Leasehold REIT's Dividend Payout Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #435 out of 705 companies for Dividend Payout Ratio. This places Quality Houses Business Complex Leasehold REIT in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Quality Houses Business Complex Leasehold REIT's value of 2.25 is 127.3% above this benchmark. Historically, Quality Houses Business Complex Leasehold REIT's own Dividend Payout Ratio has ranged from 0.77 to 1.20 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.99, Quality Houses Business Complex 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 705 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. Quality Houses Business Complex Leasehold REIT's current Dividend Payout Ratio of 2.25 is 127.3% 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 Quality Houses Business Complex 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. Quality Houses Business Complex Leasehold REIT's current Dividend Payout Ratio is 2.25, which is 147% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Houses Business Complex Leasehold REIT stock overvalued right now?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a current Dividend Payout Ratio of 2.25. The current Dividend Payout Ratio is 2.25, which is 147% above median its 10-year median of 0.91 and 127.3% above the REITs industry median of 0.99. Quality Houses Business Complex Leasehold REIT's overall GF Score™ is 44/100 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 Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT), the current Dividend Payout Ratio is 2.25 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.

Quality Houses Business Complex Leasehold REIT Business Description

Industry Real EstateREITs
Address South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses Business Complex Leasehold REIT is a Thailand-based closed-end property trust. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.
44GF Score

Get the complete analysis for BKK:QHBREIT

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

฿3.84
Price