JRFIF Japan Metropolitan Fund Investment Corporation — dividend yield, history & ex-dividend dates
Since March 2002, Japan Retail Fund Investment Corporation (JRF) has been a publicly traded entity on the Tokyo Stock Exchange's Real Estate Investment Trust (REIT) Section, identified by the code 8953. This corporation holds the unique distinction of being Japan's pioneering investment vehicle solely dedicated to retail real estate. As the leading J-REIT focused on retail assets, JRF is committed to ensuring consistent returns for its unitholders and fostering a sustained appreciation in the value of its property holdings, primarily through the strategic procurement of premium retail locations.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
Not Rated
Not Rated
How the Dividend Growth Score is built for JRFIF
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 12.4% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | N/A (not used) | N/A | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR 1.8% (FY2022–FY2025) | 52 | 15% |
| Revenue growth (3 years) | N/A (not used) | N/A | 10% |
| 10-year dividend growth | 10-year dividend CAGR 8.0% (2015–2025) | 90 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
6.11%
At the Oct 30, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$38.1156
Declared Apr 21, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
S Semi-Annual
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
48
As of Oct 30, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$623.98 – $834.25
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (FY2026)
0.66% (EPS-based)
Fiscal year to Aug 31, 2025
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
24
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (FY2026)
0.01
At fiscal year-end, Aug 31, 2025
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
JRFIF has raised its annual dividend in 13 separate years since August 2002, which ranks 861 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
JRFIF's dividend yield rose from 6.11% to 6.11% over the past ~90 days (+0.00 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.00 pp from the share price ($623.98 on Aug 03, 2026 → $623.98 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), JRFIF's current yield is higher than approximately 54% of them. Our stored price history for JRFIF covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $18.8553 S | Regular | Apr 21, 2026 | Aug 31, 2026 | Aug 31, 2026 | Nov 25, 2026 |
| $18.6268 S | Regular | N/A | Aug 28, 2026 | Aug 31, 2026 | N/A |
| $19.2603 S | Regular | Oct 20, 2025 | Feb 27, 2026 | Feb 28, 2026 | May 28, 2026 |
| $19.1959 S | Regular | N/A | Aug 29, 2025 | Aug 31, 2025 | Nov 21, 2025 |
| $18.6352 S | Regular | Oct 21, 2024 | Feb 28, 2025 | Feb 28, 2025 | May 27, 2025 |
| $15.7990 S | Regular | Apr 17, 2024 | Aug 30, 2024 | Aug 31, 2024 | Nov 22, 2024 |
| $15.0518 S | Regular | Oct 19, 2023 | Feb 28, 2024 | Feb 29, 2024 | May 23, 2024 |
| $15.4920 S | Regular | Apr 19, 2023 | Aug 30, 2023 | Aug 31, 2023 | Nov 22, 2023 |
| $16.9978 S | Regular | Oct 19, 2022 | Feb 27, 2023 | Feb 28, 2023 | May 25, 2023 |
| $16.3123 S | Regular | Apr 18, 2022 | Aug 30, 2022 | Aug 31, 2022 | Nov 22, 2022 |
| $19.7626 S | Regular | Oct 15, 2021 | Feb 25, 2022 | Feb 28, 2022 | May 25, 2022 |
| $20.7997 S | Regular | Apr 16, 2021 | Aug 30, 2021 | Aug 31, 2021 | Nov 18, 2021 |
| $42.2327 S | Regular | Oct 16, 2020 | Feb 25, 2021 | Feb 28, 2021 | May 24, 2021 |
| $42.7338 S | Regular | Apr 13, 2020 | Aug 28, 2020 | Aug 31, 2020 | Nov 18, 2020 |
| $41.6935 S | Regular | Oct 15, 2019 | Feb 27, 2020 | Feb 29, 2020 | May 19, 2020 |
| $41.6770 S | Regular | Apr 15, 2019 | Aug 29, 2019 | Aug 31, 2019 | Nov 18, 2019 |
| $40.0065 S | Regular | N/A | Feb 26, 2019 | Feb 28, 2019 | May 20, 2019 |
| $39.6273 S | Regular | N/A | Aug 29, 2018 | Aug 31, 2018 | Nov 16, 2018 |
| $41.2391 S | Regular | N/A | Feb 26, 2018 | Feb 28, 2018 | May 18, 2018 |
| $39.3914 S | Regular | N/A | Aug 29, 2017 | Aug 31, 2017 | Nov 15, 2017 |
| $37.8262 S | Regular | N/A | Feb 24, 2017 | Feb 28, 2017 | May 18, 2017 |
| $41.6114 S | Regular | N/A | Aug 29, 2016 | Aug 31, 2016 | Nov 18, 2016 |
| $37.2745 S | Regular | N/A | Feb 25, 2016 | Feb 29, 2016 | May 20, 2016 |
| $34.7702 S | Regular | N/A | Aug 27, 2015 | Aug 31, 2015 | Nov 18, 2015 |
| $35.1711 S | Regular | N/A | Feb 25, 2015 | Feb 28, 2015 | May 19, 2015 |
| $40.0516 S | Regular | N/A | Aug 27, 2014 | Aug 31, 2014 | Nov 18, 2014 |
| $40.2840 S | Regular | N/A | Feb 26, 2014 | Feb 28, 2014 | May 20, 2014 |
| $40.2322 S | Regular | N/A | Aug 28, 2013 | Aug 31, 2013 | Nov 19, 2013 |
| $42.1794 S | Regular | N/A | Feb 26, 2013 | Feb 28, 2013 | May 21, 2013 |
| $48.7761 S | Regular | N/A | Aug 29, 2012 | Aug 31, 2012 | Nov 16, 2012 |
| $45.6517 S | Regular | N/A | Feb 27, 2012 | Feb 29, 2012 | May 21, 2012 |
| $42.3481 S | Regular | N/A | Aug 29, 2011 | Aug 31, 2011 | Nov 16, 2011 |
| $48.5354 S | Regular | N/A | Feb 24, 2011 | Feb 28, 2011 | May 20, 2011 |
| $42.9679 S | Regular | N/A | Aug 27, 2010 | Aug 31, 2010 | Nov 16, 2010 |
| $153.3102 S | Regular | N/A | Feb 24, 2010 | Feb 28, 2010 | May 20, 2010 |
| $161.2683 S | Regular | N/A | Aug 26, 2009 | Aug 31, 2009 | Nov 18, 2009 |
| $155.9299 S | Regular | N/A | Feb 24, 2009 | Feb 28, 2009 | May 25, 2009 |
| $143.5230 S | Regular | N/A | Aug 26, 2008 | Aug 31, 2008 | Nov 17, 2008 |
| $147.7189 S | Regular | N/A | Feb 26, 2008 | Feb 29, 2008 | May 19, 2008 |
| $144.7351 S | Regular | N/A | Aug 28, 2007 | Aug 31, 2007 | Nov 19, 2007 |
| $129.7097 S | Regular | N/A | Feb 23, 2007 | Feb 28, 2007 | May 18, 2007 |
| $144.3702 S | Regular | N/A | Aug 28, 2006 | Aug 31, 2006 | Nov 20, 2006 |
| $135.0928 S | Regular | N/A | Feb 23, 2006 | Feb 28, 2006 | May 15, 2006 |
| $143.1230 S | Regular | N/A | Aug 26, 2005 | Aug 31, 2005 | Nov 17, 2005 |
| $15,419.0000 S | Regular | N/A | Feb 23, 2005 | Feb 28, 2005 | May 13, 2005 |
| $131.2242 S | Regular | N/A | Aug 26, 2004 | Aug 31, 2004 | Nov 09, 2004 |
| $156.1193 S | Regular | N/A | Feb 24, 2004 | Feb 29, 2004 | May 13, 2004 |
| $128.5490 S | Regular | N/A | Aug 26, 2003 | Aug 31, 2003 | Nov 20, 2003 |
| $122.4776 S | Regular | N/A | Feb 25, 2003 | Feb 28, 2003 | May 20, 2003 |
| $110.6940 S | Regular | N/A | Aug 27, 2002 | Aug 31, 2002 | Nov 20, 2002 |
Peer Comparison
Selected REIT - Retail dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| FRT | Federal Realty Investment Trust | 4.16% | 1.0% | 18 yrs | 80 |
| NNN | NNN REIT, Inc. | 5.97% | 2.7% | 34 yrs | 79 |
| GTY | Getty Realty Corp. | 7.12% | 4.8% | 11 yrs | 78 |
| REG | Regency Centers Corporation | 4.03% | 3.8% | 12 yrs | 78 |
Related Guides & Lists
JRFIF dividend — frequently asked questions
Does Japan Metropolitan Fund Investment Corporation pay a dividend?
Yes. Japan Metropolitan Fund Investment Corporation (JRFIF) currently pays a dividend. The annualized dividend is about $38.12 per share, a yield of approximately 6.11%.
What is Japan Metropolitan Fund Investment Corporation's dividend yield?
Japan Metropolitan Fund Investment Corporation's dividend yield is approximately 6.11%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Japan Metropolitan Fund Investment Corporation pay dividends?
Japan Metropolitan Fund Investment Corporation pays dividends semi-annually — 2 times per year.
How long has Japan Metropolitan Fund Investment Corporation paid dividends?
Japan Metropolitan Fund Investment Corporation has 24 years of dividend payments on record.
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.