MIRAI Dividend
Dividend criteria checks 4/6
MIRAI is a dividend paying company with a current yield of 5.1% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 26th April, 2024.
Key information
5.1%
Dividend yield
36%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 08 Jul 24 |
| Ex dividend date | 26 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥2.41k |
| 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: Whilst dividend payments have been stable, 3476 has been paying a dividend for less than 10 years.
Growing Dividend: 3476 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| MIRAI Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3476) | 5.1% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.3% |
| Industry Average (Office REITs) | 4.5% |
| Analyst forecast in 3 Years (3476) | 5.1% |
Notable Dividend: 3476's dividend (5.1%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 3476's dividend (5.1%) is in the top 25% of dividend payers in the JP market (3.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), 3476's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.9%), 3476's dividend payments are well covered by cash flows.