Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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IST:TRGYO Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
87 GF Score
Price ₺97.30
GF Value ₺79.53
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Torunlar Gayrimenkul Yatirim Ortakligi AS Dividend Payout Ratio?

Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO -1.17% 87 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates IST:TRGYO with a GF Score™ of 87/100 and a GF Value™ of ₺79.53 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 717 REITs companies, Torunlar Gayrimenkul Yatirim Ortakligi AS ranks better than 89.68% 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. Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio or its related term are showing as below:

IST:TRGYO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.46
Current: 0.44


During the past 13 years, the highest Dividend Payout Ratio of Torunlar Gayrimenkul Yatirim Ortakligi AS was 0.46. The lowest was 0.01. And the median was 0.08.

IST:TRGYO's Dividend Payout Ratio is ranked better than
89.68% of 717 companies
in the REITs industry
Industry Median: 0.99 vs IST:TRGYO: 0.44

As of today (2026-07-22), the Dividend Yield % of Torunlar Gayrimenkul Yatirim Ortakligi AS is 5.08%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Torunlar Gayrimenkul Yatirim Ortakligi AS was 8.43%. The lowest was 0.37%. And the median was 2.60%.

Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividends per Share for the months ended in Mar. 2026 was ₺0.00.

During the past 12 months, Torunlar Gayrimenkul Yatirim Ortakligi AS's average Dividends Per Share Growth Rate was 48.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Torunlar Gayrimenkul Yatirim Ortakligi AS was 32.10% per year. The lowest was 0.00% per year. And the median was 18.60% 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS Dividend Payout Ratio Related Terms


Torunlar Gayrimenkul Yatirim Ortakligi AS Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Torunlar Gayrimenkul Yatirim Ortakligi AS'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.

Torunlar Gayrimenkul Yatirim Ortakligi AS Dividend Payout Ratio Chart

Torunlar Gayrimenkul Yatirim Ortakligi AS 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 0.01 0.21 0.46

Torunlar Gayrimenkul Yatirim Ortakligi AS 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 0.00 1.76 0.00 0.00 0.00

IST:TRGYO vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Torunlar Gayrimenkul Yatirim Ortakligi AS'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.


Torunlar Gayrimenkul Yatirim Ortakligi AS Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio falls into.


IST:TRGYO
87GF Score
Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Torunlar Gayrimenkul Yatirim Ortakligi AS 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS'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 )
=3.5/ 7.646
=0.46

Torunlar Gayrimenkul Yatirim Ortakligi AS'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/ 1.633
=0.00

* 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 0.00 mean?
Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Torunlar Gayrimenkul Yatirim Ortakligi AS and its competitors. Over the past decade, Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio has ranged from 0.01 to 0.46. According to the industry distribution chart, Torunlar Gayrimenkul Yatirim Ortakligi AS ranks #74 out of 717 companies in the REITs industry, placing it in the top 10.3%.
Is Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio too high?
Torunlar Gayrimenkul Yatirim Ortakligi AS's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. Based on the distribution chart, Torunlar Gayrimenkul Yatirim Ortakligi AS ranks #74 out of 717 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Torunlar Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torunlar Gayrimenkul Yatirim Ortakligi AS's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Torunlar Gayrimenkul Yatirim Ortakligi AS ranks #74 out of 717 companies for Dividend Payout Ratio. This places Torunlar Gayrimenkul Yatirim Ortakligi AS in the top 10% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Historically, Torunlar Gayrimenkul Yatirim Ortakligi AS's own Dividend Payout Ratio has ranged from 0.01 to 0.46 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 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. 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 Torunlar Gayrimenkul Yatirim Ortakligi AS 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. Torunlar Gayrimenkul Yatirim Ortakligi AS'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 Torunlar Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺79.53, compared to a current price of ₺97.30 — trading 22.3% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Torunlar Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 87/100 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO), the current Dividend Payout Ratio is 0.00 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺97.30 is trading 22.3% above its estimated GF Value™ of ₺79.53. GuruFocus considers Torunlar Gayrimenkul Yatirim Ortakligi AS to be Modestly Overvalued.

Key valuation signals for IST:TRGYO:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₺79.53 vs. price of ₺97.30 (22.3% above fair value)
  • GF Score™: 87/100 with 8 warning signs

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


Torunlar Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Ruzgarlibahce Neighborhood Ozalp Exit No. 4, Beykoz, Istanbul, TUR, 34805
Torunlar Gayrimenkul Yatirim Ortakligi AS is engaged in developing living centers, including shopping malls, residences, offices, and hotels, with a focus on people and their lives. Its objective is to invest in retail, residential, entertainment, and office real estate development projects. The group operates in all phases of project development and management, including fundraising, land acquisition, project financing, permitting, design, construction supervision, sales, and marketing. It also undertakes post-project activities such as tenant mix and rent management, rent restructuring, renovation and expansion work, and other activities aimed at maximizing visitor traffic, occupancy rates, and rental income in shopping malls.
87GF Score

Get the complete analysis for IST:TRGYO

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

₺97.30
Price
₺79.53
GF Value