NIPOF (Japan Hotel REIT Investment) Dividend Payout Ratio: 1.79 (As of Dec. 2025) — 69% Above Median

What is Japan Hotel REIT Investment Dividend Payout Ratio?

Japan Hotel REIT Investment NIPOF 75 Dividend Payout Ratio is 1.79 as of Dec. 2025, which is 69% above its 10-year median of 1.06. GuruFocus rates NIPOF with a GF Score™ of 75/100 and a GF Value™ of $755.11 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 718 REITs companies, Japan Hotel REIT Investment ranks better than 54.04% 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. Japan Hotel REIT Investment's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.79.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Hotel REIT Investment Corp is 0.96, which seems too high.

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

NIPOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.06 Max: 1.28
Current: 0.93

During the past 13 years, the highest Dividend Payout Ratio of Japan Hotel REIT Investment was 1.28. The lowest was 0.93. And the median was 1.06.

NIPOF's Dividend Payout Ratio is ranked better than
54.04% of 718 companies
in the REITs industry
Industry Median: 0.99 vs NIPOF: 0.93

As of today (2026-06-24), the Dividend Yield % of Japan Hotel REIT Investment is 6.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Japan Hotel REIT Investment was 14.94%. The lowest was 0.46%. And the median was 4.32%.

Japan Hotel REIT Investment's Dividends per Share for the months ended in Dec. 2025 was $32.46.

During the past 12 months, Japan Hotel REIT Investment's average Dividends Per Share Growth Rate was 28.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 95.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 84.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Hotel REIT Investment was 120.70% per year. The lowest was -54.50% per year. And the median was 16.55% 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.

Japan Hotel REIT Investment (OTCPK:NIPOF) 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.

Japan Hotel REIT Investment Dividend Payout Ratio Related Terms

Japan Hotel REIT Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Japan Hotel REIT Investment'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.

Japan Hotel REIT Investment Dividend Payout Ratio Chart

Japan Hotel REIT Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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1.28

1.15

1.06

1.05

0.97

Japan Hotel REIT Investment Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Dividend Payout Ratio	Get a 7-Day Free Trial															1.70	0.00	1.85	0.00	1.79

NIPOF vs HST, RHP, APLE: Dividend Payout Ratio Comparison

For the REIT - Hotel & Motel subindustry, Japan Hotel REIT Investment'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.

Japan Hotel REIT Investment Dividend Payout Ratio vs REITs Industry

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

* The bar in red indicates where Japan Hotel REIT Investment's Dividend Payout Ratio falls into.

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75GF Score

Japan Hotel REIT Investment Corp NIPOF

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

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Japan Hotel REIT Investment Dividend Payout Ratio Calculation

Japan Hotel REIT Investment'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 )
	=	32.46	/	33.652
	=	0.96

Japan Hotel REIT Investment's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	32.46	/	18.091
	=	1.79

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.79 mean?

Japan Hotel REIT Investment (NIPOF) has a Dividend Payout Ratio of 1.79 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Japan Hotel REIT Investment and its competitors. This is 69% above median its historical median of 1.06. Over the past decade, Japan Hotel REIT Investment's Dividend Payout Ratio has ranged from 0.93 to 1.28. According to the industry distribution chart, Japan Hotel REIT Investment ranks #330 out of 718 companies in the REITs industry, placing it in the top 46%.

Is Japan Hotel REIT Investment's Dividend Payout Ratio too high?

Japan Hotel REIT Investment's current Dividend Payout Ratio of 1.79 is 69% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.28. The REITs industry median Dividend Payout Ratio is 0.99. Japan Hotel REIT Investment's value of 1.79 is 80.8% above this industry median. Based on the distribution chart, Japan Hotel REIT Investment ranks #330 out of 718 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Hotel REIT Investment has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Japan Hotel REIT Investment's Dividend Payout Ratio compare to HST and RHP?

According to the REITs industry distribution chart, Japan Hotel REIT Investment ranks #330 out of 718 companies for Dividend Payout Ratio. This puts Japan Hotel REIT Investment in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Japan Hotel REIT Investment's value of 1.79 is 80.8% above this benchmark. Historically, Japan Hotel REIT Investment's own Dividend Payout Ratio has ranged from 0.93 to 1.28 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.99, Japan Hotel REIT Investment has consistently been above 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 718 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. Japan Hotel REIT Investment's current Dividend Payout Ratio of 1.79 is 80.8% above 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 Japan Hotel REIT Investment 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. Japan Hotel REIT Investment's current Dividend Payout Ratio is 1.79, which is 69% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Japan Hotel REIT Investment stock overvalued right now?

Based on GuruFocus' analysis, Japan Hotel REIT Investment (NIPOF) is currently considered Possible Value Trap. The stock's GF Value™ is $755.11, compared to a current price of $471.74 — trading 37.5% below its estimated fair value. The current Dividend Payout Ratio is 1.79, which is 69% above median its 10-year median of 1.06 and 80.8% above the REITs industry median of 0.99. Japan Hotel REIT Investment's overall GF Score™ is 75/100 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 Japan Hotel REIT Investment (NIPOF), the current Dividend Payout Ratio is 1.79 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 Japan Hotel REIT Investment (NIPOF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Hotel REIT Investment stock appears to be undervalued. The current stock price of $471.74 is trading 37.5% below its estimated GF Value™ of $755.11. GuruFocus considers Japan Hotel REIT Investment to be Possible Value Trap.

Key valuation signals for NIPOF:

Dividend Payout Ratio: 1.79 (69% above median its 10-year median of 1.06)
GF Value™: $755.11 vs. price of $471.74 (37.5% below fair value)
GF Score™: 75/100 with 5 warning signs
Industry Position: 80.8% above the REITs median (#330 of 718)

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

Japan Hotel REIT Investment Business Description

Industry Real Estate REITs

Comparable Companies TSE:8963 TSE:3287 TSE:3463 TSE:3472 TSE:401A HST RHP XPAR:COVH APLE PK DRH SHO PEB XHR SGX:8C8U RLJ SVC SGX:J85 XMAD:YATO INN

Other Exchanges 8985:Japan

Address 4-1-18, Ebisu, Shibuya-ku, Ebisu Neonato 4th Floor, Tokyo, JPN, 150-0013

Website https://www.jhrth.co.jp

Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels, and city hotels, mainly located in the metropolitan areas and other cities of Japan.

75GF Score

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

$471.74

Price

$755.11

GF Value

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