One REIT is a dividend paying company with a current yield of 4.83% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
4.8%
Dividend yield
76%
Payout ratio
Industry average yield
4.4%
Next dividend pay date
20 Nov 24
Ex dividend date
29 Aug 24
Dividend per share
n/a
Earnings per share
JP¥13.66k
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: 3290 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3290's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
One REIT Dividend Yield vs Market
How does 3290 dividend yield compare to the market?
Segment
Dividend Yield
Company (3290)
4.8%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Office REITs)
4.4%
Analyst forecast in 3 Years (3290)
n/a
Notable Dividend: 3290's dividend (4.83%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3290's dividend (4.83%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), 3290's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.6%), 3290's dividend payments are covered by cash flows.