Dolmen City REIT (KAR:DCR) Dividend Payout Ratio: 0.97 (As of Mar. 2026) — 137% Above Median

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Dolmen City REIT KAR:DCR

72 GF Score

Price ₨38.42

GF Value ₨20.83

Valuation Significantly Overvalued

6 Warning Signs

View Full Analysis

What is Dolmen City REIT Dividend Payout Ratio?

Dolmen City REIT KAR:DCR -0.10% 72 Dividend Payout Ratio is 0.97 as of Mar. 2026, which is 137% above its 10-year median of 0.41. GuruFocus rates KAR:DCR with a GF Score™ of 72/100 and a GF Value™ of ₨20.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 717 REITs companies, Dolmen City REIT ranks worse than 56.07% 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. Dolmen City REIT's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.97.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dolmen City REIT is 1.05, which seems too high.

The historical rank and industry rank for Dolmen City REIT's Dividend Payout Ratio or its related term are showing as below:

KAR:DCR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0.41 Max: 1.05
Current: 1.05

During the past 11 years, the highest Dividend Payout Ratio of Dolmen City REIT was 1.05. The lowest was 0.00. And the median was 0.41.

KAR:DCR's Dividend Payout Ratio is ranked worse than
56.07% of 717 companies
in the REITs industry
Industry Median: 0.99 vs KAR:DCR: 1.05

As of today (2026-07-20), the Dividend Yield % of Dolmen City REIT is 6.64%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Dolmen City REIT was 16.52%. The lowest was 0.07%. And the median was 10.62%.

Dolmen City REIT's Dividends per Share for the months ended in Mar. 2026 was ₨0.63.

During the past 12 months, Dolmen City REIT's average Dividends Per Share Growth Rate was 19.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Dolmen City REIT was 444.30% per year. The lowest was -18.50% per year. And the median was 9.90% 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.

Dolmen City REIT (KAR:DCR) 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.

Dolmen City REIT Dividend Payout Ratio Related Terms

Dolmen City REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dolmen City REIT'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.

Dolmen City REIT Dividend Payout Ratio Chart

Dolmen City REIT Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.29

0.32

0.41

0.55

0.58

Dolmen City REIT 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															0.96	0.00	1.01	0.59	0.97

KAR:DCR vs VICI, WPC, BNL: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Dolmen City REIT'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.

Dolmen City REIT Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Dolmen City REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dolmen City REIT's Dividend Payout Ratio falls into.

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72GF Score

Dolmen City REIT KAR:DCR

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Dolmen City REIT Dividend Payout Ratio Calculation

Dolmen City REIT's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2025 )	/	EPS without NRI (A: Jun. 2025 )
	=	2.1	/	3.614
	=	0.58

Dolmen City REIT'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 )
	=	0.63	/	0.65
	=	0.97

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.97 mean?

Dolmen City REIT (KAR:DCR) has a Dividend Payout Ratio of 0.97 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dolmen City REIT and its competitors. This is 137% above median its historical median of 0.41. According to the industry distribution chart, Dolmen City REIT ranks #402 out of 717 companies in the REITs industry, placing it in the top 56.1%.

Is Dolmen City REIT's Dividend Payout Ratio too high?

Dolmen City REIT's current Dividend Payout Ratio of 0.97 is 137% above median its 10-year median of 0.41. The REITs industry median Dividend Payout Ratio is 0.99. Dolmen City REIT's value of 0.97 is 2% below this industry median. Based on the distribution chart, Dolmen City REIT ranks #402 out of 717 companies in the REITs industry, which is below the industry midpoint. Overall, Dolmen City REIT has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Dolmen City REIT's Dividend Payout Ratio compare to VICI and WPC?

According to the REITs industry distribution chart, Dolmen City REIT ranks #402 out of 717 companies for Dividend Payout Ratio. This places Dolmen City REIT in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Dolmen City REIT's value of 0.97 is 2% below this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 0.99, Dolmen City REIT 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 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. Dolmen City REIT's current Dividend Payout Ratio of 0.97 is 2% 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 Dolmen City REIT 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. Dolmen City REIT's current Dividend Payout Ratio is 0.97, which is 137% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Dolmen City REIT stock overvalued right now?

Based on GuruFocus' analysis, Dolmen City REIT (KAR:DCR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨20.83, compared to a current price of ₨38.42 — trading 84.4% above its estimated fair value. The current Dividend Payout Ratio is 0.97, which is 137% above median its 10-year median of 0.41 and 2% below the REITs industry median of 0.99. Dolmen City REIT's overall GF Score™ is 72/100 with 6 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 Dolmen City REIT (KAR:DCR), the current Dividend Payout Ratio is 0.97 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 Dolmen City REIT (KAR:DCR) Overvalued in 2026?

Based on GuruFocus' analysis, Dolmen City REIT stock appears to be overvalued. The current stock price of ₨38.42 is trading 84.4% above its estimated GF Value™ of ₨20.83. GuruFocus considers Dolmen City REIT to be Significantly Overvalued.

Key valuation signals for KAR:DCR:

Dividend Payout Ratio: 0.97 (137% above median its 10-year median of 0.41)
GF Value™: ₨20.83 vs. price of ₨38.42 (84.4% above fair value)
GF Score™: 72/100 with 6 warning signs
Industry Position: 2% below the REITs median (#402 of 717)

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

Dolmen City REIT Business Description

Industry Real Estate REITs

Comparable Companies KAR:GRR ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11 LSE:BLND ASX:MGR BNL XKLS:5235SS TSE:8972 JSE:GRT LSE:UTG TSE:8984 SGX:T82U

Address 23, Moluvi Tamizuddin Khan Road, Arif Habib Centre, Karachi, SD, PAK, 74000

Website https://www.arifhabibdolmenreit.com

Dolmen City REIT is a perpetual, closed-ended, Shariah-compliant real estate investment trust based in Pakistan. It offers investors the opportunity to hold units in two key components of the Dolmen City project: Dolmen Mall Clifton, a multi-level shopping mall with a diverse range of local and international brands, and The Harbour Front, an office complex hosting a variety of local and multinational tenants. The company generates income prominently through rental revenue from these properties.

72GF Score

Get the complete analysis for KAR:DCR

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

₨38.42

Price

₨20.83

GF Value

View KAR:DCR Analysis

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