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Tokaido REIT (TSE:2989) Dividend Payout Ratio : 1.00 (As of Jul. 2023)


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What is Tokaido REIT Dividend Payout Ratio?

Tokaido REIT's dividend payout ratio for the months ended in Jul. 2023 was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tokaido REIT Inc is 1.00, which seems too high.

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

TSE:2989' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.82   Max: 1
Current: 1


During the past 3 years, the highest Dividend Payout Ratio of Tokaido REIT was 1.00. The lowest was 0.64. And the median was 0.82.

TSE:2989's Dividend Payout Ratio is ranked better than
53.72% of 564 companies
in the REITs industry
Industry Median: 1.01 vs TSE:2989: 1.00

As of today (2024-06-14), the Dividend Yield % of Tokaido REIT is 5.54%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Tokaido REIT was 5.54%. The lowest was 1.93%. And the median was 2.12%.

Tokaido REIT's Dividends per Share for the months ended in Jul. 2023 was 円3,342.00.

During the past 12 months, Tokaido REIT's average Dividends Per Share Growth Rate was 167.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Tokaido REIT Dividend Payout Ratio Historical Data

The historical data trend for Tokaido 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.

* Premium members only.

Tokaido REIT Dividend Payout Ratio Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23
Dividend Payout Ratio
- 0.64 1.00

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Payout Ratio Get a 7-Day Free Trial 0.68 1.00 1.00 1.00 1.00

Competitive Comparison of Tokaido REIT's Dividend Payout Ratio

For the REIT - Diversified subindustry, Tokaido 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.


Tokaido REIT's Dividend Payout Ratio Distribution in the REITs Industry

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

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



Tokaido REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tokaido REIT's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2023 )/ EPS without NRI (A: Jul. 2023 )
=6553/ 6552.77
=1.00

Tokaido REIT's Dividend Payout Ratio for the quarter that ended in Jul. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2023 )/ EPS without NRI (Q: Jul. 2023 )
=3342/ 3341.74
=1.00

* 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.


Tokaido REIT (TSE:2989) Dividend Payout Ratio Explanation

In dividends investing, 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.


Tokaido REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tokaido REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tokaido REIT (TSE:2989) Business Description

Traded in Other Exchanges
N/A
Address
2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Website
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

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