Japan Logistics Fund is a dividend paying company with a current yield of 3.78% that is well covered by earnings. Next payment date is on 7th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
3.8%
Dividend yield
69%
Payout ratio
Industry average yield
4.2%
Next dividend pay date
07 Oct 24
Ex dividend date
30 Jul 24
Dividend per share
n/a
Earnings per share
JP¥10.39k
Dividend yield forecast in 3Y
4.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8967 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8967's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Japan Logistics Fund Dividend Yield vs Market
How does 8967 dividend yield compare to the market?
Segment
Dividend Yield
Company (8967)
3.8%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Industrial REITs)
4.2%
Analyst forecast in 3 Years (8967)
4.0%
Notable Dividend: 8967's dividend (3.78%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 8967's dividend (3.78%) 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 (69.3%), 8967's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), 8967's dividend payments are covered by cash flows.