Plaza Retail REITPAZRF 69 Dividend Payout Ratio is 0.72 as of Mar. 2026, which is 8% below its 10-year median of 0.78. GuruFocus rates PAZRF with a GF Score™ of 69/100 and a GF Value™ of $2.93 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 714 REITs companies, Plaza Retail REIT ranks better than 75.91% 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. Plaza Retail REIT's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.72.
The historical rank and industry rank for Plaza Retail REIT's Dividend Payout Ratio or its related term are showing as below:
PAZRF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.78 Max: 1.28
Current: 0.7
During the past 13 years, the highest Dividend Payout Ratio of Plaza Retail REIT was 1.28. The lowest was 0.62. And the median was 0.78.
PAZRF's Dividend Payout Ratio is ranked better than 75.91% of 714
companies
in the REITs industry
Industry Median: 0.99
vs PAZRF: 0.70
During the past 10 years, the average Dividends Per Share Growth Rate was 0.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Plaza Retail REIT was 16.30% per year. The lowest was 0.00% per year. And the median was 4.90% 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.
Plaza Retail REIT (OTCPK:PAZRF) 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.
Plaza Retail REIT Dividend Payout Ratio Related Terms
Plaza Retail REIT Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Plaza Retail 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.
PAZRF vs SPG, O, KIM: Dividend Payout Ratio Comparison
For the REIT - Retail subindustry, Plaza Retail 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.
Plaza Retail REIT Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Plaza Retail REIT's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Plaza Retail REIT's Dividend Payout Ratio falls into.
Plaza Retail REIT 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.
Plaza Retail REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Plaza Retail REIT (PAZRF) has a Dividend Payout Ratio of 0.72 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Plaza Retail REIT and its competitors. This is near median its historical median of 0.78. Over the past decade, Plaza Retail REIT's Dividend Payout Ratio has ranged from 0.62 to 1.28. According to the industry distribution chart, Plaza Retail REIT ranks #172 out of 714 companies in the REITs industry, placing it in the top 24.1%.
Is Plaza Retail REIT's Dividend Payout Ratio too high?
Plaza Retail REIT's current Dividend Payout Ratio of 0.72 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.28. The REITs industry median Dividend Payout Ratio is 0.99. Plaza Retail REIT's value of 0.72 is 27.3% below this industry median. Based on the distribution chart, Plaza Retail REIT ranks #172 out of 714 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Plaza Retail REIT has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Retail REIT's Dividend Payout Ratio compare to SPG and O?
According to the REITs industry distribution chart, Plaza Retail REIT ranks #172 out of 714 companies for Dividend Payout Ratio. This places Plaza Retail REIT in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.99. Plaza Retail REIT's value of 0.72 is 27.3% below this benchmark. Historically, Plaza Retail REIT's own Dividend Payout Ratio has ranged from 0.62 to 1.28 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.99, Plaza Retail 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 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. Plaza Retail REIT's current Dividend Payout Ratio of 0.72 is 27.3% 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 Plaza Retail 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. Plaza Retail REIT's current Dividend Payout Ratio is 0.72, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Plaza Retail REIT (PAZRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.93, compared to a current price of $3.30 — trading 12.6% above its estimated fair value. The current Dividend Payout Ratio is 0.72, which is near median its 10-year median of 0.78 and 27.3% below the REITs industry median of 0.99. Plaza Retail REIT's overall GF Score™ is 69/100 with 12 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 Plaza Retail REIT (PAZRF), the current Dividend Payout Ratio is 0.72 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 Plaza Retail REIT (PAZRF) Overvalued in 2026?
Based on GuruFocus' analysis, Plaza Retail REIT stock appears to be overvalued.
The current stock price of $3.30 is trading 12.6% above its estimated GF Value™ of $2.93.
GuruFocus considers Plaza Retail REIT to be Modestly Overvalued.
Key valuation signals for PAZRF:
Dividend Payout Ratio: 0.72 (near median its 10-year median of 0.78)
GF Value™: $2.93 vs. price of $3.30 (12.6% above fair value)
Industry Position: 27.3% below the REITs median (#172 of 714)
No single metric tells the full story. See the PAZRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plaza Retail REIT is an unincorporated, open-ended real estate investment trust. It operates as a developer, owner, and manager of retail real estate located mainly in Ontario, Quebec, and Atlantic Canada. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets, and is predominantly occupied by national tenants. Additionally, it also holds land for development.
69GF Score
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