Advance Logistics Investment Dividend
Dividend criteria checks 4/6
Advance Logistics Investment is a dividend paying company with a current yield of 4.57% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
4.6%
Dividend yield
74%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | 20 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥4.90k |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3493 has been paying a dividend for less than 10 years.
Growing Dividend: 3493's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Advance Logistics Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3493) | 4.6% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Industrial REITs) | 4.2% |
| Analyst forecast in 3 Years (3493) | 4.5% |
Notable Dividend: 3493's dividend (4.57%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3493's dividend (4.57%) 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 (73.6%), 3493's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.4%), 3493's dividend payments are covered by cash flows.