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Daiwa House Logistics TrustSGX:DHLU 26 Dividend Payout Ratio is 1.15 as of Jun. 2026, which is 28% above its 10-year median of 0.90. GuruFocus rates SGX:DHLU with a GF Score™ of 26/100 and a GF Value™ of S$0.52 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 691 REITs companies, Daiwa House Logistics Trust ranks better than 64.98% 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. Daiwa House Logistics Trust's Dividend Payout Ratio for the
months ended in Jun. 2026 was 1.15.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Daiwa House Logistics Trust is 0.84, which seems too high.
The historical rank and industry rank for Daiwa House Logistics Trust's Dividend Payout Ratio or its related term are showing as below:
SGX:DHLU'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.84 Med: 0.9 Max: 1
Current: 0.84
During the past 7 years, the highest Dividend Payout Ratio of Daiwa House Logistics Trust was 1.00. The lowest was 0.84. And the median was 0.90.
SGX:DHLU's Dividend Payout Ratio is ranked better than 64.98% of 691
companies
in the REITs industry
Industry Median: 1
vs SGX:DHLU: 0.84
During the past 7 years, the highest Trailing Annual Dividend Yield of Daiwa House Logistics Trust was 11.65%. The lowest was 7.88%. And the median was 8.95%.
Daiwa House Logistics Trust (SGX:DHLU) 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.
Daiwa House Logistics Trust Dividend Payout Ratio Related Terms
Daiwa House Logistics Trust 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.
Daiwa House Logistics Trust Dividend Payout Ratio Chart
SGX:DHLU vs PLD, PSA, EXR: Dividend Payout Ratio Comparison
For the REIT - Industrial subindustry, Daiwa House Logistics Trust'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.
Daiwa House Logistics Trust Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa House Logistics Trust's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Daiwa House Logistics Trust's Dividend Payout Ratio falls into.
Daiwa House Logistics Trust 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.
Daiwa House Logistics Trust'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.
Daiwa House Logistics Trust (SGX:DHLU) has a Dividend Payout Ratio of 1.15 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Daiwa House Logistics Trust and its competitors. This is 28% above median its historical median of 0.90. Over the past decade, Daiwa House Logistics Trust's Dividend Payout Ratio has ranged from 0.84 to 1.00. According to the industry distribution chart, Daiwa House Logistics Trust ranks #242 out of 691 companies in the REITs industry, placing it in the top 35%.
Is Daiwa House Logistics Trust's Dividend Payout Ratio too high?
Daiwa House Logistics Trust's current Dividend Payout Ratio of 1.15 is 28% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.00. The REITs industry median Dividend Payout Ratio is 1.00. Daiwa House Logistics Trust's value of 1.15 is 15% above this industry median. Based on the distribution chart, Daiwa House Logistics Trust ranks #242 out of 691 companies in the REITs industry, which is above the industry midpoint. Overall, Daiwa House Logistics Trust has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House Logistics Trust's Dividend Payout Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Daiwa House Logistics Trust ranks #242 out of 691 companies for Dividend Payout Ratio. This puts Daiwa House Logistics Trust in the upper half of its industry. The industry median Dividend Payout Ratio is 1.00. Daiwa House Logistics Trust's value of 1.15 is 15% above this benchmark. Historically, Daiwa House Logistics Trust's own Dividend Payout Ratio has ranged from 0.84 to 1.00 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.00, Daiwa House Logistics Trust 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 1.00, based on 691 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. Daiwa House Logistics Trust's current Dividend Payout Ratio of 1.15 is 15% 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 Daiwa House Logistics Trust and its competitors. For the REITs industry, the median Dividend Payout Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House Logistics Trust's current Dividend Payout Ratio is 1.15, which is 28% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House Logistics Trust stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House Logistics Trust (SGX:DHLU) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.52, compared to a current price of S$0.41 — trading 22.1% below its estimated fair value. The current Dividend Payout Ratio is 1.15, which is 28% above median its 10-year median of 0.90 and 15% above the REITs industry median of 1.00. Daiwa House Logistics Trust's overall GF Score™ is 26/100 with 8 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 Daiwa House Logistics Trust (SGX:DHLU), the current Dividend Payout Ratio is 1.15 as of Jun. 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 Daiwa House Logistics Trust (SGX:DHLU) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa House Logistics Trust stock appears to be undervalued.
The current stock price of S$0.41 is trading 22.1% below its estimated GF Value™ of S$0.52.
GuruFocus considers Daiwa House Logistics Trust to be Modestly Undervalued.
Key valuation signals for SGX:DHLU:
Dividend Payout Ratio: 1.15 (28% above median its 10-year median of 0.90)
GF Value™: S$0.52 vs. price of S$0.41 (22.1% below fair value)
Industry Position: 15% above the REITs median (#242 of 691)
No single metric tells the full story. See the SGX:DHLU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa House Logistics Trust is a real estate investment trust established with the investment plan of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises nineteen quality logistics facilities with eighteen properties well-diversified across Japan and one strategically located in Long An Province, near Ho Chi Minh City in Vietnam.
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