Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bhiraj Office Leasehold REITBKK:BOFFICE 79 Dividend Yield % is 10.09% as of Jul. 25, 2026, which is 20% above its 10-year median of 8.40. GuruFocus rates BKK:BOFFICE with a GF Score™ of 79/100 and a GF Value™ of ฿4.89 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 867 REITs companies, Bhiraj Office Leasehold REIT ranks better than 70.7% on this metric.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bhiraj Office Leasehold REIT is 0.96, which seems too high.
During the past 8 years, the highest Dividend Payout Ratio of Bhiraj Office Leasehold REIT was 1.17. The lowest was 0.90. And the median was 0.97.
During the past 12 months, Bhiraj Office Leasehold REIT's average Dividends Per Share Growth Rate was -4.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -2.30% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Bhiraj Office Leasehold REIT was 12.30% per year. The lowest was -2.80% 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
* 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.
BKK:BOFFICE vs BXP, ARE, VNO: Dividend Yield % Comparison
For the REIT - Office subindustry, Bhiraj Office Leasehold REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Bhiraj Office Leasehold REIT Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Bhiraj Office Leasehold REIT's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bhiraj Office Leasehold REIT's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bhiraj Office Leasehold REIT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 0.110000
2026-05-27
2026-05-28
2026-06-12
Cash Dividend
quarterly
THB:THB 1.000000
THB 0.146800
2026-03-12
2026-03-13
2026-03-27
Cash Dividend
quarterly
THB:THB 1.000000
THB 0.146800
2025-11-27
2025-11-28
2025-12-12
Cash Dividend
quarterly
THB:THB 1.000000
THB 0.151500
2025-08-21
2025-08-22
2025-09-05
Cash Dividend
quarterly
THB:THB 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* 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.
Bhiraj Office Leasehold REIT (BKK:BOFFICE) has a Dividend Yield % of 10.09% as of Jul. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Bhiraj Office Leasehold REIT and its competitors. This is 20% above median its historical median of 8.40. Over the past decade, Bhiraj Office Leasehold REIT's Dividend Yield % has ranged from 3.38 to 15.05. According to the industry distribution chart, Bhiraj Office Leasehold REIT ranks #254 out of 867 companies in the REITs industry, placing it in the top 29.3%.
Is Bhiraj Office Leasehold REIT's Dividend Yield % too high?
Bhiraj Office Leasehold REIT's current Dividend Yield % of 10.09% is 20% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 15.05. The REITs industry median Dividend Yield % is 6.81. Bhiraj Office Leasehold REIT's value of 10.09% is 48.2% above this industry median. Based on the distribution chart, Bhiraj Office Leasehold REIT ranks #254 out of 867 companies in the REITs industry, which is above the industry midpoint. Overall, Bhiraj Office Leasehold REIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhiraj Office Leasehold REIT's Dividend Yield % compare to BXP and ARE?
According to the REITs industry distribution chart, Bhiraj Office Leasehold REIT ranks #254 out of 867 companies for Dividend Yield %. This puts Bhiraj Office Leasehold REIT in the upper half of its industry. The industry median Dividend Yield % is 6.81. Bhiraj Office Leasehold REIT's value of 10.09% is 48.2% above this benchmark. Historically, Bhiraj Office Leasehold REIT's own Dividend Yield % has ranged from 3.38 to 15.05 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 6.81, Bhiraj Office Leasehold 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 Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.81, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhiraj Office Leasehold REIT's current Dividend Yield % of 10.09% is 48.2% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Bhiraj Office Leasehold REIT and its competitors. For the REITs industry, the median Dividend Yield % is 6.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhiraj Office Leasehold REIT's current Dividend Yield % is 10.09%, which is 20% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhiraj Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT (BKK:BOFFICE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.89, compared to a current price of ฿5.50 — trading 12.5% above its estimated fair value. The current Dividend Yield % is 10.09%, which is 20% above median its 10-year median of 8.40 and 48.2% above the REITs industry median of 6.81. Bhiraj Office Leasehold REIT's overall GF Score™ is 79/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Bhiraj Office Leasehold REIT (BKK:BOFFICE), the current Dividend Yield % is 10.09% as of Jul. 25, 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 Bhiraj Office Leasehold REIT (BKK:BOFFICE) Overvalued in 2026?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT stock appears to be overvalued.
The current stock price of ฿5.50 is trading 12.5% above its estimated GF Value™ of ฿4.89.
GuruFocus considers Bhiraj Office Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:BOFFICE:
Dividend Yield %: 10.09% (20% above median its 10-year median of 8.40)
GF Value™: ฿4.89 vs. price of ฿5.50 (12.5% above fair value)
Industry Position: 48.2% above the REITs median (#254 of 867)
No single metric tells the full story. See the BKK:BOFFICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhiraj Office Leasehold REIT is a closed-end real estate investment trust. The company invests in long-term leasehold rights in the office building area. Its objectives are to mobilize funds raised from the selling of trust units and loans from the financial institution to invest in the leasehold right of Bhiraj Tower at the EmQuartier project and BHIRAJ TOWER at the BITEC project, which comprises the majority of the office rental areas and the associated operation areas. It operates in one segment, namely the lease of property investment in Thailand.
79GF Score
Get the complete analysis for BKK:BOFFICE
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BOFFICE has been successfully added to your 
