Fukuoka REIT (TSE:8968) Dividend Payout Ratio: 0.90 (As of Feb. 2026) — 10% Below Median

What is Fukuoka REIT Dividend Payout Ratio?

Fukuoka REIT TSE:8968 +1.69% 64 Dividend Payout Ratio is 0.90 as of Feb. 2026, which is 10% below its 10-year median of 1.00. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円177,022.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 713 REITs companies, Fukuoka REIT ranks better than 59.89% 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. Fukuoka REIT's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Fukuoka REIT Corp is 0.90, which seems too high.

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

TSE:8968' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1 Max: 1.46
Current: 0.9

During the past 13 years, the highest Dividend Payout Ratio of Fukuoka REIT was 1.46. The lowest was 0.75. And the median was 1.00.

TSE:8968's Dividend Payout Ratio is ranked better than
59.89% of 713 companies
in the REITs industry
Industry Median: 0.99 vs TSE:8968: 0.90

As of today (2026-07-05), the Dividend Yield % of Fukuoka REIT is 4.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Fukuoka REIT was 10.18%. The lowest was 3.30%. And the median was 4.18%.

Fukuoka REIT's Dividends per Share for the months ended in Feb. 2026 was 円4,151.00.

During the past 12 months, Fukuoka REIT's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Fukuoka REIT was 3.50% per year. The lowest was -2.50% per year. And the median was 0.50% 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.

Fukuoka REIT (TSE:8968) 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.

Fukuoka REIT Dividend Payout Ratio Related Terms

Fukuoka REIT Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Fukuoka 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.

Fukuoka REIT Dividend Payout Ratio Chart

Fukuoka REIT Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Dividend Payout Ratio

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0.95

1.00

1.02

0.95

Fukuoka 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															0.94	0.95	0.90	0.90	0.90

TSE:8968 vs VICI, WPC: Dividend Payout Ratio Comparison

For the REIT - Diversified subindustry, Fukuoka 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.

Fukuoka REIT Dividend Payout Ratio vs REITs Industry

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

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

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64GF Score

Fukuoka REIT Corp TSE:8968

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Fukuoka REIT Dividend Payout Ratio Calculation

Fukuoka 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 )
	=	7657	/	8098
	=	0.95

Fukuoka 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 )
	=	4151	/	4610
	=	0.90

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.90 mean?

Fukuoka REIT (TSE:8968) has a Dividend Payout Ratio of 0.90 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Fukuoka REIT and its competitors. This is 10% below median its historical median of 1.00. Over the past decade, Fukuoka REIT's Dividend Payout Ratio has ranged from 0.75 to 1.46. According to the industry distribution chart, Fukuoka REIT ranks #286 out of 713 companies in the REITs industry, placing it in the top 40.1%.

Is Fukuoka REIT's Dividend Payout Ratio too high?

Fukuoka REIT's current Dividend Payout Ratio of 0.90 is 10% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.46. The REITs industry median Dividend Payout Ratio is 0.99. Fukuoka REIT's value of 0.90 is 9.1% below this industry median. Based on the distribution chart, Fukuoka REIT ranks #286 out of 713 companies in the REITs industry, which is above the industry midpoint. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Fukuoka REIT's Dividend Payout Ratio compare to VICI and WPC?

According to the REITs industry distribution chart, Fukuoka REIT ranks #286 out of 713 companies for Dividend Payout Ratio. This puts Fukuoka REIT in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Fukuoka REIT's value of 0.90 is 9.1% below this benchmark. Historically, Fukuoka REIT's own Dividend Payout Ratio has ranged from 0.75 to 1.46 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.99, Fukuoka 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. Fukuoka REIT's current Dividend Payout Ratio of 0.90 is 9.1% 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 Fukuoka 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. Fukuoka REIT's current Dividend Payout Ratio is 0.90, which is 10% below 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 Fukuoka REIT stock overvalued right now?

Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円177,022.86, compared to a current price of 円174,600.00 — trading 1.4% below its estimated fair value. The current Dividend Payout Ratio is 0.90, which is 10% below median its 10-year median of 1.00 and 9.1% below the REITs industry median of 0.99. Fukuoka REIT's overall GF Score™ is 64/100 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 Fukuoka REIT (TSE:8968), the current Dividend Payout Ratio is 0.90 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued. The current stock price of 円174,600.00 is trading 1.4% below its estimated GF Value™ of 円177,022.86. GuruFocus considers Fukuoka REIT to be Fairly Valued.

Key valuation signals for TSE:8968:

Dividend Payout Ratio: 0.90 (10% below median its 10-year median of 1.00)
GF Value™: 円177,022.86 vs. price of 円174,600.00 (1.4% below fair value)
GF Score™: 64/100 with 7 warning signs
Industry Position: 9.1% below the REITs median (#286 of 713)

No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fukuoka REIT Business Description

Industry Real Estate REITs

Comparable Companies TSE:3468 TSE:8957 TSE:8966 TSE:8956 TSE:8977 TSE:3487 TSE:3492 TSE:3476 TSE:3234 TSE:3451 ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Address 1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

64GF Score

Get the complete analysis for TSE:8968

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

円174,600.00

Price

円177,022.86

GF Value

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