Tokaido REIT Dividends and Buybacks
Dividend criteria checks 3/6
Tokaido REIT is a dividend paying company with a current yield of 6.22% that is well covered by earnings.
Key information
6.2%
Dividend yield
-48.5%
Buyback Yield
| Total Shareholder Yield | -42.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥6.635k |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2989 has been paying a dividend for less than 10 years.
Growing Dividend: 2989 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Tokaido REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2989) | 6.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (REITs) | 5.3% |
| Analyst forecast (2989) (up to 3 years) | n/a |
Notable Dividend: 2989's dividend (6.22%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2989's dividend (6.22%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61%), 2989's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2989's cash payout ratio to determine if its dividend payments are covered by cash flows.