One REIT (TSE:3290) Dividend Payout Ratio: 1.00 (As of Feb. 2026) — Near Median


TSE:3290 One REIT Inc TSE:3290
55 GF Score
Price 円75,000.00
GF Value 円89,235.12
Valuation Modestly Undervalued
! 7 Warning Signs
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What is One REIT Dividend Payout Ratio?

One REIT TSE:3290 +0.67% 55 Dividend Payout Ratio is 1.00 as of Feb. 2026, which is at its 10-year median of 1.00. GuruFocus rates TSE:3290 with a GF Score™ of 55/100 and a GF Value™ of 円89,235.12 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 713 REITs companies, One REIT ranks better than 55.26% 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. One REIT's Dividend Payout Ratio for the months ended in Feb. 2026 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 One REIT Inc is 0.95, which seems too high.

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

TSE:3290' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1   Max: 1
Current: 0.95


During the past 11 years, the highest Dividend Payout Ratio of One REIT was 1.00. The lowest was 0.83. And the median was 1.00.

TSE:3290's Dividend Payout Ratio is ranked better than
55.26% of 713 companies
in the REITs industry
Industry Median: 0.99 vs TSE:3290: 0.95

As of today (2026-07-05), the Dividend Yield % of One REIT is 6.88%.

During the past 11 years, the highest Trailing Annual Dividend Yield of One REIT was 8.10%. The lowest was 3.66%. And the median was 5.39%.

One REIT's Dividends per Share for the months ended in Feb. 2026 was 円2,386.00.

During the past 12 months, One REIT's average Dividends Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.40% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of One REIT was 10.50% per year. The lowest was -5.60% per year. And the median was 2.40% 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.


One REIT (TSE:3290) 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.


One REIT Dividend Payout Ratio Related Terms


One REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for One 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.

One REIT Dividend Payout Ratio Chart

One REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.83 1.00 1.00 1.00

One REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 1.02 0.33 0.90 1.00

TSE:3290 vs BXP, ARE, VNO: Dividend Payout Ratio Comparison

For the REIT - Office subindustry, One 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.


One REIT Dividend Payout Ratio vs REITs Industry

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

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


TSE:3290
55GF Score
One REIT Inc TSE:3290
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

One 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.

One REIT's Dividend Payout Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Aug. 2024 )/ EPS without NRI (A: Aug. 2024 )
=4508.667/ 4508.667
=1.00

One REIT's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2026 )/ EPS without NRI (Q: Feb. 2026 )
=2386/ 2386
=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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.00 mean?
One REIT (TSE:3290) has a Dividend Payout Ratio of 1.00 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on One REIT and its competitors. This is near median its historical median of 1.00. Over the past decade, One REIT's Dividend Payout Ratio has ranged from 0.83 to 1.00. According to the industry distribution chart, One REIT ranks #319 out of 713 companies in the REITs industry, placing it in the top 44.7%.
Is One REIT's Dividend Payout Ratio too high?
One REIT's current Dividend Payout Ratio of 1.00 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.00. The REITs industry median Dividend Payout Ratio is 0.99. One REIT's value of 1.00 is 1% above this industry median. Based on the distribution chart, One REIT ranks #319 out of 713 companies in the REITs industry, which is above the industry midpoint. Overall, One REIT has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does One REIT's Dividend Payout Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, One REIT ranks #319 out of 713 companies for Dividend Payout Ratio. This puts One REIT in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. One REIT's value of 1.00 is 1% above this benchmark. Historically, One REIT's own Dividend Payout Ratio has ranged from 0.83 to 1.00 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.99, One REIT 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 713 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. One REIT's current Dividend Payout Ratio of 1.00 is 1% 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 One 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. One REIT's current Dividend Payout Ratio is 1.00, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One REIT stock overvalued right now?
Based on GuruFocus' analysis, One REIT (TSE:3290) is currently considered Modestly Undervalued. The stock's GF Value™ is 円89,235.12, compared to a current price of 円75,000.00 — trading 16% below its estimated fair value. The current Dividend Payout Ratio is 1.00, which is near median its 10-year median of 1.00 and 1% above the REITs industry median of 0.99. One REIT's overall GF Score™ is 55/100 with 7 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 One REIT (TSE:3290), the current Dividend Payout Ratio is 1.00 as of Feb. 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 One REIT (TSE:3290) Overvalued in 2026?

Based on GuruFocus' analysis, One REIT stock appears to be undervalued. The current stock price of 円75,000.00 is trading 16% below its estimated GF Value™ of 円89,235.12. GuruFocus considers One REIT to be Modestly Undervalued.

Key valuation signals for TSE:3290:

  • Dividend Payout Ratio: 1.00 (near median its 10-year median of 1.00)
  • GF Value™: 円89,235.12 vs. price of 円75,000.00 (16% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 1% above the REITs median (#319 of 713)

No single metric tells the full story. See the TSE:3290 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


One REIT Business Description

Industry Real EstateREITs
Address 1-5-5 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0013
One REIT Inc operates as a real estate investment trust. The company invest in commercial real estate and office buildings in Japan. It operates in a single segment, which is real estate leasing.
55GF Score

Get the complete analysis for TSE:3290

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

円75,000.00
Price
円89,235.12
GF Value