Mitsubishi Estate Logistics REIT Investment Dividends and Buybacks
Dividend criteria checks 4/6
Mitsubishi Estate Logistics REIT Investment is a dividend paying company with a current yield of 5% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
5.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.4% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | JP¥17.660k |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
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 6 years.
Dividend Yield vs Market
| Mitsubishi Estate Logistics REIT Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3481) | 5.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Industrial REITs) | 4.7% |
| Analyst forecast (3481) (up to 3 years) | n/a |
Notable Dividend: 3481's dividend (5%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 3481's dividend (5%) is in the top 25% of dividend payers in the JP market (3.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 3481's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), 3481's dividend payments are covered by cash flows.