Hankyu Hanshin REIT (TSE:8977) Dividend Yield %: 4.91% (As of Jun. 25, 2026) — 20% Above Median


TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
61 GF Score
Price 円136,700.00
GF Value 円161,338.00
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hankyu Hanshin REIT Dividend Yield %?

Hankyu Hanshin REIT TSE:8977 +0.89% 61 Dividend Yield % is 4.91% as of Jun. 25, 2026, which is 20% above its 10-year median of 4.08. GuruFocus rates TSE:8977 with a GF Score™ of 61/100 and a GF Value™ of 円161,338.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 874 REITs companies, Hankyu Hanshin REIT ranks worse than 75.06% on this metric.

As of today (2026-06-25), the Trailing Annual Dividend Yield of Hankyu Hanshin REIT is 4.91%.

Good Sign:

Hankyu Hanshin REIT Inc stock Dividend Yield % is close to 5-year high.

The historical rank and industry rank for Hankyu Hanshin REIT's Dividend Yield % or its related term are showing as below:

TSE:8977' s Dividend Yield % Range Over the Past 10 Years
Min: 3.31   Med: 4.08   Max: 7.01
Current: 4.91

During the past 13 years, the highest Dividend Yield of Hankyu Hanshin REIT was 7.01%. The lowest was 3.31%. And the median was 4.08%.

TSE:8977's Dividend Yield % is ranked worse than
75.06% of 874 companies
in the REITs industry
Industry Median: 6.82 vs TSE:8977: 4.91

Hankyu Hanshin REIT's Dividend Payout Ratio for the six months ended in Nov. 2025 was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hankyu Hanshin REIT Inc is 0.97, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Hankyu Hanshin REIT was 1.01. The lowest was 0.94. And the median was 1.00.

As of today (2026-06-25), the Forward Dividend Yield % of Hankyu Hanshin REIT is 4.91%.

Hankyu Hanshin REIT's Dividends per Share for the six months ended in Nov. 2025 was 円3,389.00.

During the past 12 months, Hankyu Hanshin REIT's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hankyu Hanshin REIT was 5.70% per year. The lowest was -5.40% per year. And the median was 1.65% 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.


Hankyu Hanshin REIT  (TSE:8977) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hankyu Hanshin REIT Dividend Yield % Related Terms


Hankyu Hanshin REIT Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT Dividend Yield % Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 3.92 4.32 5.24 3.86

Hankyu Hanshin REIT Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Dividend Yield % 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 4.32 4.58 5.24 4.37 3.86

TSE:8977 vs VICI, WPC: Dividend Yield % Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin 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.


Hankyu Hanshin REIT Dividend Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hankyu Hanshin REIT's Dividend Yield % falls into.


TSE:8977
61GF Score
Hankyu Hanshin REIT Inc TSE:8977
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin REIT Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Hankyu Hanshin REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 3270.0000002026-05-282026-05-310000-00-00Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 3389.0000002025-11-272025-11-302026-02-19Cash Dividendsemi-annuallyJPY: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.

Hankyu Hanshin REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6659/136700.00
=4.87 %

Current Share Price is 円136700.00.
Hankyu Hanshin REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円6659.

Hankyu Hanshin REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6778/136700.00
=4.96 %

Current Share Price is 円136700.00.
Hankyu Hanshin REIT's Dividends per Share for the forward twelve months is calculated as 円3389 * 2 = 円6778.

* 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 Yield % →
What does a Dividend Yield % of 4.91% mean?
Hankyu Hanshin REIT (TSE:8977) has a Dividend Yield % of 4.91% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Hankyu Hanshin REIT and its competitors. This is 20% above median its historical median of 4.08. Over the past decade, Hankyu Hanshin REIT's Dividend Yield % has ranged from 3.31 to 7.01. According to the industry distribution chart, Hankyu Hanshin REIT ranks #656 out of 874 companies in the REITs industry, placing it in the top 75.1%.
Is Hankyu Hanshin REIT's Dividend Yield % too high?
Hankyu Hanshin REIT's current Dividend Yield % of 4.91% is 20% above median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 7.01. The REITs industry median Dividend Yield % is 6.82. Hankyu Hanshin REIT's value of 4.91% is 28% below this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #656 out of 874 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hankyu Hanshin REIT has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #656 out of 874 companies for Dividend Yield %. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median Dividend Yield % is 6.82. Hankyu Hanshin REIT's value of 4.91% is 28% below this benchmark. Historically, Hankyu Hanshin REIT's own Dividend Yield % has ranged from 3.31 to 7.01 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 6.82, Hankyu Hanshin 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 Yield % for a REITs company?
The median Dividend Yield % among REITs companies is 6.82, based on 874 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. Hankyu Hanshin REIT's current Dividend Yield % of 4.91% is 28% 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 Hankyu Hanshin REIT and its competitors. For the REITs industry, the median Dividend Yield % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin REIT's current Dividend Yield % is 4.91%, which is 20% above median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,338.00, compared to a current price of 円136,700.00 — trading 15.3% below its estimated fair value. The current Dividend Yield % is 4.91%, which is 20% above median its 10-year median of 4.08 and 28% below the REITs industry median of 6.82. Hankyu Hanshin REIT's overall GF Score™ is 61/100 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 Hankyu Hanshin REIT (TSE:8977), the current Dividend Yield % is 4.91% as of Jun. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円136,700.00 is trading 15.3% below its estimated GF Value™ of 円161,338.00. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • Dividend Yield %: 4.91% (20% above median its 10-year median of 4.08)
  • GF Value™: 円161,338.00 vs. price of 円136,700.00 (15.3% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 28% below the REITs median (#656 of 874)

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
61GF Score

Get the complete analysis for TSE:8977

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

円136,700.00
Price
円161,338.00
GF Value