CRE Logistics REIT is a dividend paying company with a current yield of 4.89% that is well covered by earnings. Next payment date is on 17th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
4.9%
Dividend yield
53%
Payout ratio
Industry average yield
4.2%
Next dividend pay date
17 Sep 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
JP¥6.92k
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: 3487 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3487's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
CRE Logistics REIT Dividend Yield vs Market
How does 3487 dividend yield compare to the market?
Segment
Dividend Yield
Company (3487)
4.9%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Industrial REITs)
4.2%
Analyst forecast in 3 Years (3487)
n/a
Notable Dividend: 3487's dividend (4.89%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3487's dividend (4.89%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), 3487's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.8%), 3487's dividend payments are covered by cash flows.