Daiwa Office Investment Dividend
Dividend criteria checks 6/6
Daiwa Office Investment is a dividend paying company with a current yield of 4.71% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
4.7%
Dividend yield
58%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥27.79k |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8976's dividends per share have been stable in the past 10 years.
Growing Dividend: 8976's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Daiwa Office Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8976) | 4.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Office REITs) | 4.4% |
| Analyst forecast in 3 Years (8976) | 5.2% |
Notable Dividend: 8976's dividend (4.71%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 8976's dividend (4.71%) 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 (58.1%), 8976's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), 8976's dividend payments are covered by cash flows.