Mitsubishi Estate Logistics REIT Investment is a dividend paying company with a current yield of 4.97% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
5.0%
Dividend yield
68%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
22 Nov 24
Ex dividend date
29 Aug 24
Dividend per share
n/a
Earnings per share
JP¥14.35k
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3481 has been paying a dividend for less than 10 years.
Growing Dividend: 3481's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Mitsubishi Estate Logistics REIT Investment Dividend Yield vs Market
How does 3481 dividend yield compare to the market?
Segment
Dividend Yield
Company (3481)
5.0%
Market Bottom 25% (JP)
1.7%
Market Top 25% (JP)
3.4%
Industry Average (Industrial REITs)
4.3%
Analyst forecast in 3 Years (3481)
n/a
Notable Dividend: 3481's dividend (4.97%) is higher than the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 3481's dividend (4.97%) is in the top 25% of dividend payers in the JP market (3.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68%), 3481's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.8%), 3481's dividend payments are covered by cash flows.