NIPPON REIT Investment Dividend
Dividend criteria checks 4/6
NIPPON REIT Investment is a dividend paying company with a current yield of 5.49% that is well covered by earnings.
Key information
5.5%
Dividend yield
43%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥17.395k |
| Earnings per share | JP¥19.46k |
| Dividend yield forecast | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3296 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3296's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| NIPPON REIT Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3296) | 5.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (REITs) | 5.1% |
| Analyst forecast (3296) (up to 3 years) | 5.4% |
Notable Dividend: 3296's dividend (5.49%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3296's dividend (5.49%) is in the top 25% of dividend payers in the JP market (3.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), 3296's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.2%), 3296's dividend payments are well covered by cash flows.