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.
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.
IST:ZRGYO'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.05
Current: 0.04
During the past 8 years, the highest Dividend Payout Ratio of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 0.05. The lowest was 0.00. And the median was 0.02.
IST:ZRGYO's Dividend Payout Ratio is ranked better than 99.58% of 712
companies
in the REITs industry
Industry Median: 0.99
vs IST:ZRGYO: 0.04
During the past 8 years, the highest Trailing Annual Dividend Yield of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 0.53%. The lowest was 0.05%. And the median was 0.10%.
During the past 12 months, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's average Dividends Per Share Growth Rate was 45.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 172.90% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 172.90% per year. The lowest was 172.90% per year. And the median was 172.90% 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Dividend Payout Ratio Related Terms
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Dividend Payout Ratio Historical Data
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Dividend Payout Ratio Chart
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data
IST:ZRGYO vs VICI, WPC: Dividend Payout Ratio Comparison
For the REIT - Diversified subindustry, ZIRAAT 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Dividend Payout Ratio vs REITs Industry
ZIRAAT 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.
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. According to the industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #3 out of 712 companies in the REITs industry, placing it in the top 0.40000000000001%.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Dividend Payout Ratio too high?
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Dividend Payout Ratio is 0.00. Based on the distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #3 out of 712 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Dividend Payout Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #3 out of 712 companies for Dividend Payout Ratio. This places ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS in the top 0% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. 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 712 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 ZIRAAT 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. ZIRAAT 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock overvalued right now?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.94, compared to a current price of ₺18.21 — trading 30.6% above its estimated fair value. The current Dividend Payout Ratio is 0.00. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's overall GF Score™ is 80/100 with 5 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO), 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Overvalued in 2026?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock appears to be overvalued.
The current stock price of ₺18.21 is trading 30.6% above its estimated GF Value™ of ₺13.94.
GuruFocus considers ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS to be Significantly Overvalued.
Key valuation signals for IST:ZRGYO:
Dividend Payout Ratio: 0.00
GF Value™: ₺13.94 vs. price of ₺18.21 (30.6% above fair value)
No single metric tells the full story. See the IST:ZRGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Business Description
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.
80GF Score
Get the complete analysis for IST:ZRGYO
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:ZRGYO has been successfully added to your 
