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Tokaido REIT (TSE:2989) Dividend Yield % : 5.22% (As of May. 17, 2024)


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What is Tokaido REIT Dividend Yield %?

As of today (2024-05-17), the Trailing Annual Dividend Yield of Tokaido REIT is 5.22%.

Good Sign:

Tokaido REIT Inc stock dividend yield is close to 3-year high.

The historical rank and industry rank for Tokaido REIT's Dividend Yield % or its related term are showing as below:

TSE:2989' s Dividend Yield % Range Over the Past 10 Years
Min: 1.93   Med: 2.12   Max: 5.53
Current: 5.22

During the past 3 years, the highest Dividend Yield of Tokaido REIT was 5.53%. The lowest was 1.93%. And the median was 2.12%.

TSE:2989's Dividend Yield % is ranked worse than
66.98% of 839 companies
in the REITs industry
Industry Median: 6.88 vs TSE:2989: 5.22

Tokaido REIT's Dividend Payout Ratio for the six months ended in Jul. 2023 was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tokaido REIT Inc is 1.00, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of Tokaido REIT was 1.00. The lowest was 0.64. And the median was 0.82.

As of today (2024-05-17), the Forward Dividend Yield % of Tokaido REIT is 5.07%.

Tokaido REIT's Dividends per Share for the six months ended in Jul. 2023 was 円3,342.00.

During the past 12 months, Tokaido REIT's average Dividends Per Share Growth Rate was 167.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Tokaido REIT Dividend Yield % Historical Data

The historical data trend for Tokaido REIT's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tokaido REIT Dividend Yield % Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23
Dividend Yield %
- 2.02 5.42

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % Get a 7-Day Free Trial 2.02 4.52 5.19 5.42 5.36

Competitive Comparison of Tokaido REIT's Dividend Yield %

For the REIT - Diversified subindustry, Tokaido REIT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tokaido REIT's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tokaido REIT's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tokaido REIT's Dividend Yield % falls into.



Tokaido REIT Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tokaido REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 3351.0000002024-01-302024-01-312024-04-24Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 3342.0000002023-07-282023-07-312023-10-23Cash Dividendsemi-annuallyJPY:JPY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tokaido REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6693/128800.00
=5.20 %

Current Share Price is 円128800.00.
Tokaido REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円6693.

Tokaido REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6702/128800.00
=5.20 %

Current Share Price is 円128800.00.
Tokaido REIT's Dividends per Share for the forward twelve months is calculated as 円3351 * 2 = 円6702.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tokaido REIT  (TSE:2989) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tokaido REIT Dividend Yield % Related Terms

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Tokaido REIT (TSE:2989) Business Description

Traded in Other Exchanges
N/A
Address
2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Website
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

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