If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Real Estate Investment Trust is 1.44, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of First Real Estate Investment Trust was 1.69. The lowest was 0.74. And the median was 1.47.
During the past 12 months, First Real Estate Investment Trust's average Dividends Per Share Growth Rate was -8.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -5.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -12.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -14.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Real Estate Investment Trust was 45.50% per year. The lowest was -30.70% per year. And the median was 2.10% 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.
First Real Estate Investment Trust (OTCPK:FESNF) Dividend Yield % Explanation
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.
First Real Estate Investment Trust Dividend Yield % Chart
FESNF vs WELL, VTR, OHI: Dividend Yield % Comparison
For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.
First Real Estate Investment Trust Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, First Real Estate Investment Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where First Real Estate Investment Trust's Dividend Yield % falls into.
First Real Estate Investment Trust Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
First Real Estate Investment Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
SGD 0.005000
2026-05-07
2026-05-08
2026-06-26
Cash Dividend
quarterly
SGD:USD 0.789453
SGD 0.005200
2026-02-17
2026-02-19
2026-03-30
Cash Dividend
quarterly
SGD:USD 0.790952
SGD 0.005200
2025-11-05
2025-11-06
2025-12-18
Cash Dividend
quarterly
SGD:USD 0.771409
SGD 0.005500
2025-08-13
2025-08-14
2025-09-25
Cash Dividend
quarterly
SGD:USD 0.779211
* 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.
First Real Estate Investment Trust (FESNF) has a Dividend Yield % of 8.56% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on First Real Estate Investment Trust and its competitors. This is near median its historical median of 9.09. Over the past decade, First Real Estate Investment Trust's Dividend Yield % has ranged from 5.50 to 24.44. According to the industry distribution chart, First Real Estate Investment Trust ranks #275 out of 877 companies in the REITs industry, placing it in the top 31.4%.
Is First Real Estate Investment Trust's Dividend Yield % too high?
First Real Estate Investment Trust's current Dividend Yield % of 8.56% is near median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 5.50 to a high of 24.44. The REITs industry median Dividend Yield % is 6.79. First Real Estate Investment Trust's value of 8.56% is 26.1% above this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #275 out of 877 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust has a GF Scoreâ„¢ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's Dividend Yield % compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #275 out of 877 companies for Dividend Yield %. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median Dividend Yield % is 6.79. First Real Estate Investment Trust's value of 8.56% is 26.1% above this benchmark. Historically, First Real Estate Investment Trust's own Dividend Yield % has ranged from 5.50 to 24.44 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 6.79, First Real Estate Investment Trust 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 6.79, based on 877 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. First Real Estate Investment Trust's current Dividend Yield % of 8.56% is 26.1% 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 First Real Estate Investment Trust and its competitors. For the REITs industry, the median Dividend Yield % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current Dividend Yield % is 8.56%, which is near median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust (FESNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.19, compared to a current price of $0.19 — trading right at its estimated fair value. The current Dividend Yield % is 8.56%, which is near median its 10-year median of 9.09 and 26.1% above the REITs industry median of 6.79. First Real Estate Investment Trust's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For First Real Estate Investment Trust (FESNF), the current Dividend Yield % is 8.56% as of Jun. 26, 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?
Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued.
The current stock price of $0.19 is trading 0% below its estimated GF Value™ of $0.19.
GuruFocus considers First Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for FESNF:
Dividend Yield %: 8.56% (near median its 10-year median of 9.09)
GF Value™: $0.19 vs. price of $0.19 (0% below fair value)
Industry Position: 26.1% above the REITs median (#275 of 877)
No single metric tells the full story. See the FESNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Real Estate Investment Trust Business Description
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
43GF Score
Get the complete analysis for FESNF
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
FESNF has been successfully added to your 
