Star Asia Investment Dividend
Dividend criteria checks 4/6
Star Asia Investment is a dividend paying company with a current yield of 4.93% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
4.9%
Dividend yield
57%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥2.78k |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3468 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3468 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Star Asia Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3468) | 4.9% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (REITs) | 4.6% |
| Analyst forecast in 3 Years (3468) | 5.1% |
Notable Dividend: 3468's dividend (4.93%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3468's dividend (4.93%) is in the top 25% of dividend payers in the JP market (3.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57%), 3468's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (96.6%), 3468's dividend payments are covered by cash flows.