SANKEI REAL ESTATE Dividend
Dividend criteria checks 4/6
SANKEI REAL ESTATE is a dividend paying company with a current yield of 4.86% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
4.9%
Dividend yield
6%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥4.64k |
| 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: 2972 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2972 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| SANKEI REAL ESTATE Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2972) | 4.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Office REITs) | 4.4% |
| Analyst forecast in 3 Years (2972) | n/a |
Notable Dividend: 2972's dividend (4.86%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2972's dividend (4.86%) is in the top 25% of dividend payers in the JP market (3.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.1%), 2972's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.7%), 2972's dividend payments are thoroughly covered by cash flows.