Industrial & Infrastructure Fund Investment (FRA:2ES) Dividend Payout Ratio: 1.04 (As of Jan. 2026) — Near Median


FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
77 GF Score
Price €775.00
GF Value €754.11
! 11 Warning Signs
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What is Industrial & Infrastructure Fund Investment Dividend Payout Ratio?

Industrial & Infrastructure Fund Investment FRA:2ES +0.65% 77 Dividend Payout Ratio is 1.04 as of Jan. 2026, which is 5% above its 10-year median of 0.99. GuruFocus rates FRA:2ES with a GF Score™ of 77/100 and a GF Value™ of €754.11. The stock has 11 warning signs investors should review. Among 717 REITs companies, Industrial & Infrastructure Fund Investment ranks worse than 51.19% 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. Industrial & Infrastructure Fund Investment's Dividend Payout Ratio for the months ended in Jan. 2026 was 1.04.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Industrial & Infrastructure Fund Investment Corp is 1.00, which seems too high.

The historical rank and industry rank for Industrial & Infrastructure Fund Investment's Dividend Payout Ratio or its related term are showing as below:

FRA:2ES' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.9   Med: 0.99   Max: 2.44
Current: 0.99

During the past 13 years, the highest Dividend Payout Ratio of Industrial & Infrastructure Fund Investment was 2.44. The lowest was 0.90. And the median was 0.99.

FRA:2ES's Dividend Payout Ratio is ranked worse than
51.19% of 717 companies
in the REITs industry
Industry Median: 0.99 vs FRA:2ES: 0.99

As of today (2026-06-28), the Dividend Yield % of Industrial & Infrastructure Fund Investment is 5.64%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Industrial & Infrastructure Fund Investment was 11.90%. The lowest was 2.72%. And the median was 3.95%.

Industrial & Infrastructure Fund Investment's Dividends per Share for the months ended in Jan. 2026 was €24.41.

During the past 12 months, Industrial & Infrastructure Fund Investment's average Dividends Per Share Growth Rate was 15.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Industrial & Infrastructure Fund Investment was 42.10% per year. The lowest was -21.00% per year. And the median was 5.60% 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.

Industrial & Infrastructure Fund Investment (FRA:2ES) 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.

Industrial & Infrastructure Fund Investment Dividend Payout Ratio Related Terms

Industrial & Infrastructure Fund Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure Fund Investment'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.

Industrial & Infrastructure Fund Investment Dividend Payout Ratio Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.99 0.96 0.99 0.97

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.00 0.97 1.00 0.95 1.04

FRA:2ES vs PLD, PSA, EXR: Dividend Payout Ratio Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.

Industrial & Infrastructure Fund Investment Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's Dividend Payout Ratio falls into.


FRA:2ES
77GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrial & Infrastructure Fund Investment 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.

Industrial & Infrastructure Fund Investment's Dividend Payout Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2025 )/ EPS without NRI (A: Jul. 2025 )
=40.463/ 41.558
=0.97

Industrial & Infrastructure Fund Investment's Dividend Payout Ratio for the quarter that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2026 )/ EPS without NRI (Q: Jan. 2026 )
=24.414/ 23.55
=1.04

* 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 1.04 mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Dividend Payout Ratio of 1.04 as of Jan. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is near median its historical median of 0.99. Over the past decade, Industrial & Infrastructure Fund Investment's Dividend Payout Ratio has ranged from 0.90 to 2.44. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #367 out of 717 companies in the REITs industry, placing it in the top 51.2%.
Is Industrial & Infrastructure Fund Investment's Dividend Payout Ratio too high?
Industrial & Infrastructure Fund Investment's current Dividend Payout Ratio of 1.04 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.44. The REITs industry median Dividend Payout Ratio is 0.99. Industrial & Infrastructure Fund Investment's value of 1.04 is 5.1% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #367 out of 717 companies in the REITs industry, which is below the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Dividend Payout Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #367 out of 717 companies for Dividend Payout Ratio. This places Industrial & Infrastructure Fund Investment in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Industrial & Infrastructure Fund Investment's value of 1.04 is 5.1% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own Dividend Payout Ratio has ranged from 0.90 to 2.44 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.99, Industrial & Infrastructure Fund Investment 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 717 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. Industrial & Infrastructure Fund Investment's current Dividend Payout Ratio of 1.04 is 5.1% 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 Industrial & Infrastructure Fund Investment 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. Industrial & Infrastructure Fund Investment's current Dividend Payout Ratio is 1.04, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Dividend Payout Ratio of 1.04. The stock's GF Value™ is €754.11, compared to a current price of €775.00 — trading 2.8% above its estimated fair value. The current Dividend Payout Ratio is 1.04, which is near median its 10-year median of 0.99 and 5.1% above the REITs industry median of 0.99. Industrial & Infrastructure Fund Investment's overall GF Score™ is 77/100 with 11 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current Dividend Payout Ratio is 1.04 as of Jan. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €775.00 is trading 2.8% above its estimated GF Value™ of €754.11.

Key valuation signals for FRA:2ES:

  • Dividend Payout Ratio: 1.04 (near median its 10-year median of 0.99)
  • GF Value™: €754.11 vs. price of €775.00 (2.8% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 5.1% above the REITs median (#367 of 717)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
77GF Score

Get the complete analysis for FRA:2ES

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

€775.00
Price
€754.11
GF Value