PHPRF (Primary Health Properties) Dividend Payout Ratio: 0.46 (As of Dec. 2025) — 55% Below Median

What is Primary Health Properties Dividend Payout Ratio?

Primary Health Properties PHPRF 61 Dividend Payout Ratio is 0.46 as of Dec. 2025, which is 55% below its 10-year median of 1.03. GuruFocus rates PHPRF with a GF Score™ of 61/100 and a GF Value™ of $3.31 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 718 REITs companies, Primary Health Properties ranks better than 52.79% 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. Primary Health Properties's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Primary Health Properties PLC is 0.97, which seems too high.

The historical rank and industry rank for Primary Health Properties's Dividend Payout Ratio or its related term are showing as below:

PHPRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.03 Max: 1.09
Current: 0.98

During the past 13 years, the highest Dividend Payout Ratio of Primary Health Properties was 1.09. The lowest was 0.97. And the median was 1.03.

PHPRF's Dividend Payout Ratio is ranked better than
52.79% of 718 companies
in the REITs industry
Industry Median: 0.99 vs PHPRF: 0.98

As of today (2026-06-26), the Dividend Yield % of Primary Health Properties is 7.59%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Primary Health Properties was 8.00%. The lowest was 3.38%. And the median was 4.60%.

Primary Health Properties's Dividends per Share for the months ended in Dec. 2025 was $0.02.

During the past 12 months, Primary Health Properties's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primary Health Properties was 78.30% per year. The lowest was 2.00% per year. And the median was 3.95% 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.

Primary Health Properties (OTCPK:PHPRF) 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.

Primary Health Properties Dividend Payout Ratio Related Terms

Primary Health Properties Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Primary Health Properties'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.

Primary Health Properties Dividend Payout Ratio Chart

Primary Health Properties Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

1.01

1.02

0.97

Primary Health Properties 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															0.51	1.57	0.51	1.57	0.46

PHPRF vs WELL, VTR, OHI: Dividend Payout Ratio Comparison

For the REIT - Healthcare Facilities subindustry, Primary Health Properties'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.

Primary Health Properties Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Primary Health Properties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Primary Health Properties's Dividend Payout Ratio falls into.

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61GF Score

Primary Health Properties PLC PHPRF

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

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Primary Health Properties Dividend Payout Ratio Calculation

Primary Health Properties'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 )
	=	0.095	/	0.098
	=	0.97

Primary Health Properties'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 )
	=	0.024	/	0.052
	=	0.46

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.46 mean?

Primary Health Properties (PHPRF) has a Dividend Payout Ratio of 0.46 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Primary Health Properties and its competitors. This is 55% below median its historical median of 1.03. Over the past decade, Primary Health Properties' Dividend Payout Ratio has ranged from 0.97 to 1.09. According to the industry distribution chart, Primary Health Properties ranks #339 out of 718 companies in the REITs industry, placing it in the top 47.2%.

Is Primary Health Properties' Dividend Payout Ratio too high?

Primary Health Properties' current Dividend Payout Ratio of 0.46 is 55% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.09. The REITs industry median Dividend Payout Ratio is 0.99. Primary Health Properties' value of 0.46 is 53.5% below this industry median. Based on the distribution chart, Primary Health Properties ranks #339 out of 718 companies in the REITs industry, which is above the industry midpoint. Overall, Primary Health Properties has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Primary Health Properties' Dividend Payout Ratio compare to WELL and VTR?

According to the REITs industry distribution chart, Primary Health Properties ranks #339 out of 718 companies for Dividend Payout Ratio. This puts Primary Health Properties in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Primary Health Properties' value of 0.46 is 53.5% below this benchmark. Historically, Primary Health Properties' own Dividend Payout Ratio has ranged from 0.97 to 1.09 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.99, Primary Health Properties 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 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. Primary Health Properties's current Dividend Payout Ratio of 0.46 is 53.5% 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 Primary Health Properties 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. Primary Health Properties's current Dividend Payout Ratio is 0.46, which is 55% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Primary Health Properties stock overvalued right now?

Based on GuruFocus' analysis, Primary Health Properties (PHPRF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.31, compared to a current price of $1.27 — trading 61.6% below its estimated fair value. The current Dividend Payout Ratio is 0.46, which is 55% below median its 10-year median of 1.03 and 53.5% below the REITs industry median of 0.99. Primary Health Properties' overall GF Score™ is 61/100 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 Primary Health Properties (PHPRF), the current Dividend Payout Ratio is 0.46 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 Primary Health Properties (PHPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Primary Health Properties stock appears to be undervalued. The current stock price of $1.27 is trading 61.6% below its estimated GF Value™ of $3.31. GuruFocus considers Primary Health Properties to be Possible Value Trap.

Key valuation signals for PHPRF:

Dividend Payout Ratio: 0.46 (55% below median its 10-year median of 1.03)
GF Value™: $3.31 vs. price of $1.27 (61.6% below fair value)
GF Score™: 61/100 with 5 warning signs
Industry Position: 53.5% below the REITs median (#339 of 718)

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

Primary Health Properties Business Description

Industry Real Estate REITs

Comparable Companies LSE:THRL WELL VTR OHI DOC AHR CTRE HR XBRU:AED SBRA TSX:CSH.UN XBRU:COFB NHI MPT SGX:C2PU DHC LTC SILA TSX:VITL.UN NZSE:VHP

Other Exchanges PHP:South Africa PHPl:UK PHP:UK PP51:Germany

Address 15-16 Buckingham Street, 5th Floor, Burdett House, London, GBR, WC2N 6DU

Website https://www.phpgroup.co.uk

Primary Health Properties PLC is a UK-based real estate investment trust. The company is engaged in making investments in integrated healthcare properties. Its services include Acquisition and development, Property management, Landlord and tenant, Asset management, and Finance. It seeks the generation of rental income and capital growth through investment in primary healthcare property in the United Kingdom and Ireland. It receives rental income on property investments.

61GF Score

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

$1.27

Price

$3.31

GF Value

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