CRE Dividend
Dividend criteria checks 2/6
CRE is a dividend paying company with a current yield of 1.85% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.9%
Dividend yield
15%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥161.84 |
| Dividend yield forecast in 3Y | 3.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3458 has been paying a dividend for less than 10 years.
Growing Dividend: 3458's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| CRE Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3458) | 1.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Real Estate) | 2.2% |
| Analyst forecast in 3 Years (3458) | 3.9% |
Notable Dividend: 3458's dividend (1.85%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3458's dividend (1.85%) is low compared to the top 25% of dividend payers in the JP market (3.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 3458's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3458 is paying a dividend but the company has no free cash flows.