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 yield
4.9%
Next dividend pay date
13 Jan 25
Ex dividend date
30 Oct 24
Dividend per share
n/a
Earnings per share
JP¥7.32k
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: 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?
Segment
Dividend 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.