SOSiLA Logistics REIT, Inc.

TSE:2979 Stock Report

Market Cap: JP¥79.6b

SOSiLA Logistics REIT Dividends and Buybacks

Dividend criteria checks 4/6

SOSiLA Logistics REIT is a dividend paying company with a current yield of 5.06% that is well covered by earnings. Next payment date is on 17th February, 2025 with an ex-dividend date of 28th November, 2024.

Key information

5.1%

Dividend yield

-3.7%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yieldn/a
Dividend Growth11.8%
Next dividend pay date17 Feb 25
Ex dividend date28 Nov 24
Dividend per shareJP¥5.540k
Payout ratio68%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 24 2024Ex Dividend DateNov 28 2024Dividend Pay DateFeb 17 202581 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 2979 has been paying a dividend for less than 10 years.

Growing Dividend: 2979's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

SOSiLA Logistics REIT Dividend Yield vs Market
How does 2979 dividend yield compare to the market?
SegmentDividend Yield
Company (2979)5.1%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Industrial REITs)4.7%
Analyst forecast (2979) (up to 3 years)n/a

Notable Dividend: 2979's dividend (5.06%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).

High Dividend: 2979's dividend (5.06%) is in the top 25% of dividend payers in the JP market (3.78%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68%), 2979's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.1%), 2979's dividend payments are covered by cash flows.


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