MIRAI Dividends and Buybacks
Dividend criteria checks 3/6
MIRAI is a dividend paying company with a current yield of 5.88% 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
5.9%
Dividend yield
-7.1%
Buyback Yield
| Total Shareholder Yield | -1.3% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | -0.7% |
| Next dividend pay date | 13 Jan 25 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | JP¥2.395k |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
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) | 5.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (REITs) | 5.3% |
| Analyst forecast (3476) (up to 3 years) | 7.3% |
Notable Dividend: 3476's dividend (5.88%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3476's dividend (5.88%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), 3476's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3476 is paying a dividend but the company has no free cash flows.