LANDNET Dividend
Dividend criteria checks 1/6
LANDNET is a dividend paying company with a current yield of 1.43% that is well covered by earnings. Next payment date is on 30th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.4%
Dividend yield
9%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 30 Oct 24 |
Ex dividend date | 30 Jul 24 |
Dividend per share | n/a |
Earnings per share | JP¥196.30 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2991 has been paying a dividend for less than 10 years.
Growing Dividend: 2991's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
LANDNET Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2991) | 1.4% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Real Estate) | 2.5% |
Analyst forecast in 3 Years (2991) | 1.4% |
Notable Dividend: 2991's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 2991's dividend (1.43%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), 2991's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2991 is paying a dividend but the company has no free cash flows.