Nippon Hotel & Residential Investment Corporation

TSE:3472 Stock Report

Market Cap: JP¥18.1b

Nippon Hotel & Residential Investment Dividend

Dividend criteria checks 2/6

Nippon Hotel & Residential Investment is a dividend paying company with a current yield of 4.11%. Next payment date is on 15th August, 2024 with an ex-dividend date of 30th May, 2024.

Key information

4.1%

Dividend yield

148%

Payout ratio

Industry average yield4.4%
Next dividend pay date15 Aug 24
Ex dividend date30 May 24
Dividend per sharen/a
Earnings per shareJP¥2.93k
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayMay 15 2024Ex Dividend DateMay 30 2024Dividend Pay DateAug 15 202477 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 3472 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3472 has only been paying a dividend for 5 years, and since then payments have fallen.


Dividend Yield vs Market

Nippon Hotel & Residential Investment Dividend Yield vs Market
How does 3472 dividend yield compare to the market?
SegmentDividend Yield
Company (3472)4.1%
Market Bottom 25% (JP)1.6%
Market Top 25% (JP)3.2%
Industry Average (Hotel and Resort REITs)4.4%
Analyst forecast in 3 Years (3472)n/a

Notable Dividend: 3472's dividend (4.11%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).

High Dividend: 3472's dividend (4.11%) is in the top 25% of dividend payers in the JP market (3.23%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (148.2%), 3472's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 3472 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.