Japan Metropolitan Fund Investment (TSE:8953) Dividend Payout Ratio: 0.91 (As of Feb. 2026) — Near Median

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TSE:8953 Japan Metropolitan Fund Investment Corp TSE:8953
73 GF Score
Price 円118,300.00
GF Value 円115,138.58
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Japan Metropolitan Fund Investment Dividend Payout Ratio?

Japan Metropolitan Fund Investment TSE:8953 +1.02% 73 Dividend Payout Ratio is 0.91 as of Feb. 2026, which is 9% below its 10-year median of 1.00. GuruFocus rates TSE:8953 with a GF Score™ of 73/100 and a GF Value™ of 円115,138.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 712 REITs companies, Japan Metropolitan Fund Investment ranks better than 57.58% 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. Japan Metropolitan Fund Investment's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.91.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Metropolitan Fund Investment Corp is 0.92, which seems too high.

The historical rank and industry rank for Japan Metropolitan Fund Investment's Dividend Payout Ratio or its related term are showing as below:

TSE:8953' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1   Max: 1.06
Current: 0.92

During the past 13 years, the highest Dividend Payout Ratio of Japan Metropolitan Fund Investment was 1.06. The lowest was 0.92. And the median was 1.00.

TSE:8953's Dividend Payout Ratio is ranked better than
57.58% of 712 companies
in the REITs industry
Industry Median: 0.985 vs TSE:8953: 0.92

As of today (2026-07-25), the Dividend Yield % of Japan Metropolitan Fund Investment is 4.92%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Japan Metropolitan Fund Investment was 9.07%. The lowest was 3.26%. And the median was 4.24%.

Japan Metropolitan Fund Investment's Dividends per Share for the months ended in Feb. 2026 was 円3,006.00.

During the past 12 months, Japan Metropolitan Fund Investment's average Dividends Per Share Growth Rate was 13.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Metropolitan Fund Investment was 4.70% per year. The lowest was -2.60% per year. And the median was 1.30% 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.

Japan Metropolitan Fund Investment (TSE:8953) 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.

Japan Metropolitan Fund Investment Dividend Payout Ratio Related Terms

Japan Metropolitan Fund Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment Dividend Payout Ratio Chart

Japan Metropolitan Fund Investment 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 0.94 1.06 0.97 1.00 1.01

Japan Metropolitan Fund Investment 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 0.99 1.03 1.01 0.94 0.91

TSE:8953 vs SPG, O, KIM: Dividend Payout Ratio Comparison

For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Dividend Payout Ratio falls into.


TSE:8953
73GF Score
Japan Metropolitan Fund Investment Corp TSE:8953
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Metropolitan Fund Investment 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.

Japan Metropolitan Fund Investment'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 )
=4576/ 4539.601
=1.01

Japan Metropolitan Fund Investment'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 )
=3006/ 3294.31
=0.91

* 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 0.91 mean?
Japan Metropolitan Fund Investment (TSE:8953) has a Dividend Payout Ratio of 0.91 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Japan Metropolitan Fund Investment and its competitors. This is near median its historical median of 1.00. Over the past decade, Japan Metropolitan Fund Investment's Dividend Payout Ratio has ranged from 0.92 to 1.06. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #302 out of 712 companies in the REITs industry, placing it in the top 42.4%.
Is Japan Metropolitan Fund Investment's Dividend Payout Ratio too high?
Japan Metropolitan Fund Investment's current Dividend Payout Ratio of 0.91 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.06. The REITs industry median Dividend Payout Ratio is 0.99. Japan Metropolitan Fund Investment's value of 0.91 is 7.6% below this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #302 out of 712 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's Dividend Payout Ratio compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #302 out of 712 companies for Dividend Payout Ratio. This puts Japan Metropolitan Fund Investment in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Japan Metropolitan Fund Investment's value of 0.91 is 7.6% below this benchmark. Historically, Japan Metropolitan Fund Investment's own Dividend Payout Ratio has ranged from 0.92 to 1.06 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.99, Japan Metropolitan Fund Investment 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 712 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. Japan Metropolitan Fund Investment's current Dividend Payout Ratio of 0.91 is 7.6% 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 Japan Metropolitan Fund Investment 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. Japan Metropolitan Fund Investment's current Dividend Payout Ratio is 0.91, 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 Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current Dividend Payout Ratio is 0.91, which is near median its 10-year median of 1.00 and 7.6% below the REITs industry median of 0.99. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 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 Japan Metropolitan Fund Investment (TSE:8953), the current Dividend Payout Ratio is 0.91 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued. The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58. GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.

Key valuation signals for TSE:8953:

  • Dividend Payout Ratio: 0.91 (near median its 10-year median of 1.00)
  • GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 7.6% below the REITs median (#302 of 712)

No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Metropolitan Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 59JA:Germany
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score

Get the complete analysis for TSE:8953

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

円118,300.00
Price
円115,138.58
GF Value