Tosei Reit Investment Corporation

TSE:3451 Stock Report

Market Cap: JP¥53.2b

Tosei Reit Investment Dividend

Dividend criteria checks 3/6

Tosei Reit Investment is a dividend paying company with a current yield of 5.11% that is well covered by earnings. Next payment date is on 13th January, 2025 with an ex-dividend date of 30th October, 2024.

Key information

5.1%

Dividend yield

69%

Payout ratio

Industry average yield4.9%
Next dividend pay date13 Jan 25
Ex dividend date30 Oct 24
Dividend per sharen/a
Earnings per shareJP¥7.32k
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayJun 26 2024Ex Dividend DateOct 30 2024Dividend Pay DateJan 13 202575 days from Ex DividendBuy in the next 125 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 3451 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3451's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Tosei Reit Investment Dividend Yield vs Market
How does 3451 dividend yield compare to the market?
SegmentDividend Yield
Company (3451)5.1%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.4%
Industry Average (REITs)4.9%
Analyst forecast in 3 Years (3451)n/a

Notable Dividend: 3451's dividend (5.11%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).

High Dividend: 3451's dividend (5.11%) is in the top 25% of dividend payers in the JP market (3.4%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.1%), 3451's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 3451 is paying a dividend but the company has no free cash flows.


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