Mitsui Fudosan Logistics Park Dividend
Dividend criteria checks 2/6
Mitsui Fudosan Logistics Park is a dividend paying company with a current yield of 3.82%. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
3.8%
Dividend yield
137%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥14.25k |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3471 has been paying a dividend for less than 10 years.
Growing Dividend: 3471's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Mitsui Fudosan Logistics Park Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3471) | 3.8% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Industrial REITs) | 4.4% |
| Analyst forecast in 3 Years (3471) | 4.6% |
Notable Dividend: 3471's dividend (3.82%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 3471's dividend (3.82%) is in the top 25% of dividend payers in the JP market (3.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (136.8%), 3471's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3471 is paying a dividend but the company has no free cash flows.