Morguard Real Estate Investment Trust (FRA:T0L) Dividend Payout Ratio: 0.49 (As of Mar. 2026) — Near 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.

FRA:T0L Morguard Real Estate Investment Trust FRA:T0L
56 GF Score
Price €4.25
GF Value €3.26
! 8 Warning Signs
View Full Analysis

What is Morguard Real Estate Investment Trust Dividend Payout Ratio?

Morguard Real Estate Investment Trust FRA:T0L +0.52% 56 Dividend Payout Ratio is 0.49 as of Mar. 2026, which is at its 10-year median of 0.49. GuruFocus rates FRA:T0L with a GF Score™ of 56/100 and a GF Value™ of €3.26. The stock has 8 warning signs investors should review. Among 714 REITs companies, Morguard Real Estate Investment Trust ranks better than 92.58% 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. Morguard Real Estate Investment Trust's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.49.

The historical rank and industry rank for Morguard Real Estate Investment Trust's Dividend Payout Ratio or its related term are showing as below:

FRA:T0L' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.49   Max: 0.85
Current: 0.38


During the past 13 years, the highest Dividend Payout Ratio of Morguard Real Estate Investment Trust was 0.85. The lowest was 0.25. And the median was 0.49.

FRA:T0L's Dividend Payout Ratio is ranked better than
92.58% of 714 companies
in the REITs industry
Industry Median: 0.99 vs FRA:T0L: 0.38

As of today (2026-07-14), the Dividend Yield % of Morguard Real Estate Investment Trust is 3.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Morguard Real Estate Investment Trust was 22.27%. The lowest was 3.39%. And the median was 6.08%.

Morguard Real Estate Investment Trust's Dividends per Share for the months ended in Mar. 2026 was €0.04.

During the past 5 years, the average Dividends Per Share Growth Rate was -13.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -17.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morguard Real Estate Investment Trust was 17.50% per year. The lowest was -37.00% per year. And the median was 0.00% 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.


Morguard Real Estate Investment Trust (FRA:T0L) 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.


Morguard Real Estate Investment Trust Dividend Payout Ratio Related Terms


Morguard Real Estate Investment Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Morguard Real Estate Investment Trust'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.

Morguard Real Estate Investment Trust Dividend Payout Ratio Chart

Morguard Real Estate Investment Trust 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 0.00 0.00 0.00 0.00 0.32

Morguard Real Estate Investment Trust 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 0.28 0.45 0.29 0.34 0.49

FRA:T0L vs VICI, WPC, BNL: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Morguard Real Estate Investment Trust'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.


Morguard Real Estate Investment Trust Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Morguard Real Estate Investment Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Morguard Real Estate Investment Trust's Dividend Payout Ratio falls into.


FRA:T0L
56GF Score
Morguard Real Estate Investment Trust FRA:T0L
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morguard Real Estate Investment Trust 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.

Morguard Real Estate Investment Trust'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 )
=0.136/ 0.43
=0.32

Morguard Real Estate Investment Trust'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 )
=0.038/ 0.077
=0.49

* 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 0.49 mean?
Morguard Real Estate Investment Trust (FRA:T0L) has a Dividend Payout Ratio of 0.49 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Morguard Real Estate Investment Trust and its competitors. This is near median its historical median of 0.49. Over the past decade, Morguard Real Estate Investment Trust's Dividend Payout Ratio has ranged from 0.25 to 0.85. According to the industry distribution chart, Morguard Real Estate Investment Trust ranks #53 out of 714 companies in the REITs industry, placing it in the top 7.4%.
Is Morguard Real Estate Investment Trust's Dividend Payout Ratio too high?
Morguard Real Estate Investment Trust's current Dividend Payout Ratio of 0.49 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.85. The REITs industry median Dividend Payout Ratio is 0.99. Morguard Real Estate Investment Trust's value of 0.49 is 50.5% below this industry median. Based on the distribution chart, Morguard Real Estate Investment Trust ranks #53 out of 714 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Morguard Real Estate Investment Trust has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Morguard Real Estate Investment Trust's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Morguard Real Estate Investment Trust ranks #53 out of 714 companies for Dividend Payout Ratio. This places Morguard Real Estate Investment Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Morguard Real Estate Investment Trust's value of 0.49 is 50.5% below this benchmark. Historically, Morguard Real Estate Investment Trust's own Dividend Payout Ratio has ranged from 0.25 to 0.85 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.99, Morguard Real Estate Investment Trust 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 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. Morguard Real Estate Investment Trust's current Dividend Payout Ratio of 0.49 is 50.5% 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 Morguard Real Estate Investment Trust 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. Morguard Real Estate Investment Trust's current Dividend Payout Ratio is 0.49, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard Real Estate Investment Trust stock overvalued right now?
Morguard Real Estate Investment Trust (FRA:T0L) has a current Dividend Payout Ratio of 0.49. The stock's GF Value™ is €3.26, compared to a current price of €4.25 — trading 30.2% above its estimated fair value. The current Dividend Payout Ratio is 0.49, which is near median its 10-year median of 0.49 and 50.5% below the REITs industry median of 0.99. Morguard Real Estate Investment Trust's overall GF Score™ is 56/100 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 Morguard Real Estate Investment Trust (FRA:T0L), the current Dividend Payout Ratio is 0.49 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 Morguard Real Estate Investment Trust (FRA:T0L) Overvalued in 2026?

Based on GuruFocus' analysis, Morguard Real Estate Investment Trust stock appears to be overvalued. The current stock price of €4.25 is trading 30.2% above its estimated GF Value™ of €3.26.

Key valuation signals for FRA:T0L:

  • Dividend Payout Ratio: 0.49 (near median its 10-year median of 0.49)
  • GF Value™: €3.26 vs. price of €4.25 (30.2% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 50.5% below the REITs median (#53 of 714)

No single metric tells the full story. See the FRA:T0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morguard Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges MRT.UN:Canada
Address 55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.
56GF Score

Get the complete analysis for FRA:T0L

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

€4.25
Price
€3.26
GF Value