MIRAI Dividend
Dividend criteria checks 3/6
MIRAI is a dividend paying company with a current yield of 6.03% 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
6.0%
Dividend yield
-7.3%
Buyback Yield
Total Shareholder Yield | -1.3% |
Future Dividend Yield | 7.4% |
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 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 |
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Segment | Dividend Yield |
---|---|
Company (3476) | 6.0% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (REITs) | 5.4% |
Analyst forecast (3476) (up to 3 years) | 7.4% |
Notable Dividend: 3476's dividend (6.03%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3476's dividend (6.03%) is in the top 25% of dividend payers in the JP market (3.82%)
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.