If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of KDX Realty Investment Corp is 0.98, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of KDX Realty Investment was 1.31. The lowest was 0.92. And the median was 0.96.
During the past 12 months, KDX Realty Investment's average Dividends Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of KDX Realty Investment was 7.40% per year. The lowest was -5.90% per year. And the median was 4.10% 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.
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.
KDX Realty Investment Dividend Yield % Related Terms
KDX Realty Investment Dividend Yield % Historical Data
* Premium members only.
The historical data trend for KDX Realty Investment's Dividend Yield % 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.
TSE:8972 vs VICI, WPC: Dividend Yield % Comparison
For the REIT - Diversified subindustry, KDX Realty Investment'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.
KDX Realty Investment Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, KDX Realty Investment's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where KDX Realty Investment's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
KDX Realty Investment Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
JPY 4166.000000
2026-04-28
2026-04-30
2026-07-17
Cash Dividend
semi-annually
JPY:JPY 1.000000
JPY 4105.000000
2025-10-30
2025-10-31
2026-01-21
Cash Dividend
semi-annually
JPY:JPY 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.
KDX Realty Investment's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
KDX Realty Investment (TSE:8972) has a Dividend Yield % of 5.31% as of Jul. 11, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on KDX Realty Investment and its competitors. This is 26% above median its historical median of 4.20. Over the past decade, KDX Realty Investment's Dividend Yield % has ranged from 3.03 to 6.24. According to the industry distribution chart, KDX Realty Investment ranks #612 out of 870 companies in the REITs industry, placing it in the top 70.3%.
Is KDX Realty Investment's Dividend Yield % too high?
KDX Realty Investment's current Dividend Yield % of 5.31% is 26% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 6.24. The REITs industry median Dividend Yield % is 6.81. KDX Realty Investment's value of 5.31% is 22% below this industry median. Based on the distribution chart, KDX Realty Investment ranks #612 out of 870 companies in the REITs industry, which is below the industry midpoint. Overall, KDX Realty Investment has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KDX Realty Investment's Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, KDX Realty Investment ranks #612 out of 870 companies for Dividend Yield %. This places KDX Realty Investment in the lower half of its industry. The industry median Dividend Yield % is 6.81. KDX Realty Investment's value of 5.31% is 22% below this benchmark. Historically, KDX Realty Investment's own Dividend Yield % has ranged from 3.03 to 6.24 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 6.81, KDX Realty 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 Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.81, based on 870 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. KDX Realty Investment's current Dividend Yield % of 5.31% is 22% 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 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 KDX Realty Investment 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. KDX Realty Investment's current Dividend Yield % is 5.31%, which is 26% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDX Realty Investment stock overvalued right now?
Based on GuruFocus' analysis, KDX Realty Investment (TSE:8972) is currently considered Modestly Undervalued. The stock's GF Value™ is 円174,601.20, compared to a current price of 円155,700.00 — trading 10.8% below its estimated fair value. The current Dividend Yield % is 5.31%, which is 26% above median its 10-year median of 4.20 and 22% below the REITs industry median of 6.81. KDX Realty Investment's overall GF Score™ is 71/100 with 4 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 KDX Realty Investment (TSE:8972), the current Dividend Yield % is 5.31% as of Jul. 11, 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 KDX Realty Investment (TSE:8972) Overvalued in 2026?
Based on GuruFocus' analysis, KDX Realty Investment stock appears to be undervalued.
The current stock price of 円155,700.00 is trading 10.8% below its estimated GF Value™ of 円174,601.20.
GuruFocus considers KDX Realty Investment to be Modestly Undervalued.
Key valuation signals for TSE:8972:
Dividend Yield %: 5.31% (26% above median its 10-year median of 4.20)
GF Value™: 円174,601.20 vs. price of 円155,700.00 (10.8% below fair value)
Industry Position: 22% below the REITs median (#612 of 870)
No single metric tells the full story. See the TSE:8972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.
71GF Score
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