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. Property For Industry's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.00.
The historical rank and industry rank for Property For Industry's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Property For Industry was 5.64. The lowest was 0.09. And the median was 0.34.
FRA:PWJ's Dividend Payout Ratio is not ranked *
in the REITs industry.
Industry Median: 0.99 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Property For Industry was 4.80%. The lowest was 0.98%. And the median was 3.58%.
During the past 12 months, Property For Industry's average Dividends Per Share Growth Rate was 109.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Property For Industry was 31.40% per year. The lowest was -4.60% per year. And the median was 1.40% 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.
Property For Industry (FRA:PWJ) 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.
Property For Industry Dividend Payout Ratio Related Terms
Property For Industry Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Property For Industry'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.
FRA:PWJ vs PLD, PSA, EXR: Dividend Payout Ratio Comparison
For the REIT - Industrial subindustry, Property For Industry'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.
Property For Industry Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Property For Industry's Dividend Payout Ratio falls into.
Property For Industry 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.
Property For Industry's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Property For Industry (FRA:PWJ) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Property For Industry and its competitors. Over the past decade, Property For Industry's Dividend Payout Ratio has ranged from 0.09 to 5.64. According to the industry distribution chart, Property For Industry ranks #45 out of 714 companies in the REITs industry, placing it in the top 6.3%.
Is Property For Industry's Dividend Payout Ratio too high?
Property For Industry's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 5.64. Based on the distribution chart, Property For Industry ranks #45 out of 714 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Property For Industry has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Dividend Payout Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #45 out of 714 companies for Dividend Payout Ratio. This places Property For Industry in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Historically, Property For Industry's own Dividend Payout Ratio has ranged from 0.09 to 5.64 over the past decade. 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 714 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. 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 Property For Industry 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. Property For Industry's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (FRA:PWJ) has a current Dividend Payout Ratio of 0.00. The stock's GF Value™ is €1.10, compared to a current price of €1.14 — trading 3.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Property For Industry's overall GF Score™ is 79/100 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 Property For Industry (FRA:PWJ), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. 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 Property For Industry (FRA:PWJ) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of €1.14 is trading 3.8% above its estimated GF Value™ of €1.10.
Key valuation signals for FRA:PWJ:
Dividend Payout Ratio: 0.00
GF Value™: €1.10 vs. price of €1.14 (3.8% above fair value)
No single metric tells the full story. See the FRA:PWJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
79GF Score
Get the complete analysis for FRA:PWJ
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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