Tosei Reit Investment Dividends and Buybacks
Dividend criteria checks 3/6
Tosei Reit Investment is a dividend paying company with a current yield of 5.92% 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
5.9%
Dividend yield
-6.9%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.09% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | JP¥7.420k |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3451) | 5.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (REITs) | 5.3% |
| Analyst forecast (3451) (up to 3 years) | n/a |
Notable Dividend: 3451's dividend (5.92%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3451's dividend (5.92%) 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 (72.6%), 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.