GLP J-REIT Dividend
Dividend criteria checks 4/6
GLP J-REIT is a dividend paying company with a current yield of 3.83%. Next payment date is on 18th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.8%
Dividend yield
185%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | 18 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥5.46k |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3281's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3281's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| GLP J-REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3281) | 3.8% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Industrial REITs) | 4.2% |
| Analyst forecast in 3 Years (3281) | 4.5% |
Notable Dividend: 3281's dividend (3.83%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3281's dividend (3.83%) is in the top 25% of dividend payers in the JP market (3.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (185.3%), 3281's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.8%), 3281's dividend payments are covered by cash flows.