Land BusinessLtd is a dividend paying company with a current yield of 2.38% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.4%
Dividend yield
11%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
23 Dec 24
Ex dividend date
27 Sep 24
Dividend per share
n/a
Earnings per share
JP¥53.61
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 8944 has been paying a dividend for less than 10 years.
Growing Dividend: 8944 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Land BusinessLtd Dividend Yield vs Market
How does 8944 dividend yield compare to the market?
Segment
Dividend Yield
Company (8944)
2.4%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.3%
Industry Average (Real Estate)
2.3%
Analyst forecast in 3 Years (8944)
n/a
Notable Dividend: 8944's dividend (2.38%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 8944's dividend (2.38%) is low compared to the top 25% of dividend payers in the JP market (3.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), 8944's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8944 is paying a dividend but the company has no free cash flows.