Hulic Reit (TSE:3295) Dividend Payout Ratio: 0.96 (As of Feb. 2026) — Near Median


TSE:3295 Hulic Reit Inc TSE:3295
57 GF Score
Price 円157,500.00
GF Value 円167,598.03
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Hulic Reit Dividend Payout Ratio?

Hulic Reit TSE:3295 +0.25% 57 Dividend Payout Ratio is 0.96 as of Feb. 2026, which is 3% below its 10-year median of 0.99. GuruFocus rates TSE:3295 with a GF Score™ of 57/100 and a GF Value™ of 円167,598.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 713 REITs companies, Hulic Reit ranks better than 54.42% 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. Hulic Reit's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.96.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hulic Reit Inc is 0.96, which seems too high.

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

TSE:3295' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.96   Med: 0.99   Max: 1.01
Current: 0.96

During the past 12 years, the highest Dividend Payout Ratio of Hulic Reit was 1.01. The lowest was 0.96. And the median was 0.99.

TSE:3295's Dividend Payout Ratio is ranked better than
54.42% of 713 companies
in the REITs industry
Industry Median: 0.99 vs TSE:3295: 0.96

As of today (2026-07-07), the Dividend Yield % of Hulic Reit is 5.11%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Hulic Reit was 8.24%. The lowest was 3.12%. And the median was 4.47%.

Hulic Reit's Dividends per Share for the months ended in Feb. 2026 was 円4,050.00.

During the past 12 months, Hulic Reit's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Hulic Reit was 8.20% per year. The lowest was -2.10% per year. And the median was 2.25% 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.

Hulic Reit (TSE:3295) 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.

Hulic Reit Dividend Payout Ratio Related Terms

Hulic Reit Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hulic 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.

Hulic Reit Dividend Payout Ratio Chart

Hulic Reit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.96 1.01 1.01 0.97

Hulic 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 1.00 1.02 0.97 0.96 0.96

TSE:3295 vs BXP, ARE, VNO: Dividend Payout Ratio Comparison

For the REIT - Office subindustry, Hulic 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.

Hulic Reit Dividend Payout Ratio vs REITs Industry

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

* The bar in red indicates where Hulic Reit's Dividend Payout Ratio falls into.


TSE:3295
57GF Score
Hulic Reit Inc TSE:3295
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hulic 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.

Hulic Reit's Dividend Payout Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Aug. 2025 )/ EPS without NRI (A: Aug. 2025 )
=8000/ 8294
=0.96

Hulic 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 )
=4050/ 4207
=0.96

* 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 0.96 mean?
Hulic Reit (TSE:3295) has a Dividend Payout Ratio of 0.96 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hulic Reit and its competitors. This is near median its historical median of 0.99. Over the past decade, Hulic Reit's Dividend Payout Ratio has ranged from 0.96 to 1.01. According to the industry distribution chart, Hulic Reit ranks #325 out of 713 companies in the REITs industry, placing it in the top 45.6%.
Is Hulic Reit's Dividend Payout Ratio too high?
Hulic Reit's current Dividend Payout Ratio of 0.96 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 1.01. The REITs industry median Dividend Payout Ratio is 0.99. Hulic Reit's value of 0.96 is 3% below this industry median. Based on the distribution chart, Hulic Reit ranks #325 out of 713 companies in the REITs industry, which is above the industry midpoint. Overall, Hulic Reit has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hulic Reit's Dividend Payout Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Hulic Reit ranks #325 out of 713 companies for Dividend Payout Ratio. This puts Hulic Reit in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Hulic Reit's value of 0.96 is 3% below this benchmark. Historically, Hulic Reit's own Dividend Payout Ratio has ranged from 0.96 to 1.01 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.99, Hulic 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 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. Hulic Reit's current Dividend Payout Ratio of 0.96 is 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 Hulic 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. Hulic Reit's current Dividend Payout Ratio is 0.96, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Reit stock overvalued right now?
Based on GuruFocus' analysis, Hulic Reit (TSE:3295) is currently considered Fairly Valued. The stock's GF Value™ is 円167,598.03, compared to a current price of 円157,500.00 — trading 6% below its estimated fair value. The current Dividend Payout Ratio is 0.96, which is near median its 10-year median of 0.99 and 3% below the REITs industry median of 0.99. Hulic Reit's overall GF Score™ is 57/100 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 Hulic Reit (TSE:3295), the current Dividend Payout Ratio is 0.96 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 Hulic Reit (TSE:3295) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Reit stock appears to be undervalued. The current stock price of 円157,500.00 is trading 6% below its estimated GF Value™ of 円167,598.03. GuruFocus considers Hulic Reit to be Fairly Valued.

Key valuation signals for TSE:3295:

  • Dividend Payout Ratio: 0.96 (near median its 10-year median of 0.99)
  • GF Value™: 円167,598.03 vs. price of 円157,500.00 (6% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 3% below the REITs median (#325 of 713)

No single metric tells the full story. See the TSE:3295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hulic Reit Business Description

Industry Real EstateREITs
Address 2-3-11 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN
Hulic Reit Inc is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.
57GF Score

Get the complete analysis for TSE:3295

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

円157,500.00
Price
円167,598.03
GF Value