Daiwa Securities Living Investment (TSE:8986) Dividend Payout Ratio: 0.91 (As of Mar. 2026) — Near Median

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TSE:8986 Daiwa Securities Living Investment Corp TSE:8986
68 GF Score
Price 円99,100.00
GF Value 円114,113.20
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Daiwa Securities Living Investment Dividend Payout Ratio?

Daiwa Securities Living Investment TSE:8986 +0.10% 68 Dividend Payout Ratio is 0.91 as of Mar. 2026, which is 9% below its 10-year median of 1.00. GuruFocus rates TSE:8986 with a GF Score™ of 68/100 and a GF Value™ of 円114,113.20 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 712 REITs companies, Daiwa Securities Living Investment ranks better than 55.06% 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. Daiwa Securities Living Investment's Dividend Payout Ratio for the months ended in Mar. 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 Daiwa Securities Living Investment Corp is 0.95, which seems too high.

The historical rank and industry rank for Daiwa Securities Living Investment's Dividend Payout Ratio or its related term are showing as below:

TSE:8986' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1   Max: 1.04
Current: 0.95

During the past 13 years, the highest Dividend Payout Ratio of Daiwa Securities Living Investment was 1.04. The lowest was 0.85. And the median was 1.00.

TSE:8986's Dividend Payout Ratio is ranked better than
55.06% of 712 companies
in the REITs industry
Industry Median: 0.99 vs TSE:8986: 0.95

As of today (2026-07-15), the Dividend Yield % of Daiwa Securities Living Investment is 5.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daiwa Securities Living Investment was 5.92%. The lowest was 3.40%. And the median was 4.22%.

Daiwa Securities Living Investment's Dividends per Share for the months ended in Mar. 2026 was 円2,630.00.

During the past 12 months, Daiwa Securities Living Investment's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daiwa Securities Living Investment was 32.30% per year. The lowest was -24.80% per year. And the median was 4.70% 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.

Daiwa Securities Living Investment (TSE:8986) 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.

Daiwa Securities Living Investment Dividend Payout Ratio Related Terms

Daiwa Securities Living Investment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Daiwa Securities Living 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.

Daiwa Securities Living Investment Dividend Payout Ratio Chart

Daiwa Securities Living Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.04 1.00 0.94 0.94

Daiwa Securities Living Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.95 0.93 0.91 0.98 0.91

TSE:8986 vs AVB, EQR, ESS: Dividend Payout Ratio Comparison

For the REIT - Residential subindustry, Daiwa Securities Living 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.

Daiwa Securities Living Investment Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Dividend Payout Ratio falls into.


TSE:8986
68GF Score
Daiwa Securities Living Investment Corp TSE:8986
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Securities Living 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.

Daiwa Securities Living Investment's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=5430/ 5753.835
=0.94

Daiwa Securities Living Investment's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=2630/ 2877
=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?
Daiwa Securities Living Investment (TSE:8986) has a Dividend Payout Ratio of 0.91 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Daiwa Securities Living Investment and its competitors. This is near median its historical median of 1.00. Over the past decade, Daiwa Securities Living Investment's Dividend Payout Ratio has ranged from 0.85 to 1.04. According to the industry distribution chart, Daiwa Securities Living Investment ranks #320 out of 712 companies in the REITs industry, placing it in the top 44.9%.
Is Daiwa Securities Living Investment's Dividend Payout Ratio too high?
Daiwa Securities Living 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 0.85 to a high of 1.04. The REITs industry median Dividend Payout Ratio is 0.99. Daiwa Securities Living Investment's value of 0.91 is 8.1% below this industry median. Based on the distribution chart, Daiwa Securities Living Investment ranks #320 out of 712 companies in the REITs industry, which is above the industry midpoint. Overall, Daiwa Securities Living Investment has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Living Investment's Dividend Payout Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Daiwa Securities Living Investment ranks #320 out of 712 companies for Dividend Payout Ratio. This puts Daiwa Securities Living Investment in the upper half of its industry. The industry median Dividend Payout Ratio is 0.99. Daiwa Securities Living Investment's value of 0.91 is 8.1% below this benchmark. Historically, Daiwa Securities Living Investment's own Dividend Payout Ratio has ranged from 0.85 to 1.04 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.99, Daiwa Securities Living 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. Daiwa Securities Living Investment's current Dividend Payout Ratio of 0.91 is 8.1% 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 Daiwa Securities Living 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. Daiwa Securities Living 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 Daiwa Securities Living Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Living Investment (TSE:8986) is currently considered Modestly Undervalued. The stock's GF Value™ is 円114,113.20, compared to a current price of 円99,100.00 — trading 13.2% below its estimated fair value. The current Dividend Payout Ratio is 0.91, which is near median its 10-year median of 1.00 and 8.1% below the REITs industry median of 0.99. Daiwa Securities Living Investment's overall GF Score™ is 68/100 with 6 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 Daiwa Securities Living Investment (TSE:8986), the current Dividend Payout Ratio is 0.91 as of Mar. 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 Daiwa Securities Living Investment (TSE:8986) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Securities Living Investment stock appears to be undervalued. The current stock price of 円99,100.00 is trading 13.2% below its estimated GF Value™ of 円114,113.20. GuruFocus considers Daiwa Securities Living Investment to be Modestly Undervalued.

Key valuation signals for TSE:8986:

  • Dividend Payout Ratio: 0.91 (near median its 10-year median of 1.00)
  • GF Value™: 円114,113.20 vs. price of 円99,100.00 (13.2% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 8.1% below the REITs median (#320 of 712)

No single metric tells the full story. See the TSE:8986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Daiwa Securities Living Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.
68GF Score

Get the complete analysis for TSE:8986

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

円99,100.00
Price
円114,113.20
GF Value