01-31-2023
JPY/share | |
Price | 146,700.00 |
Dividend | 6,220.08 |
Earnings | 5,315.22 |
Cash-flow | 9,168.75 |
Book value | 86,294.12 |
Equity | 88,587.00 |
GLP J-REIT is part of Real Estate Investment Trusts business, which is part of Financials industry. GLP J-REIT is a company from Japan, and his stocks are publicly traded.
GLP J-REIT stock dividend
GLP J-REIT paid a total dividend of 31,100 million JPY last year, for a market value of 733,500 millions (Market Cap 651,216 millions). GLP J-REIT dividend per share is 6,220.08 JPY, and his stock market price 146,700.00 JPY.
According to the chart below, where dividend yield is displayed, GLP J-REIT has a dividend yield of 4.24%, which is higher than the amount offered by both the market average and companies from Japan. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare GLP J-REIT stocks dividend with other Real Estate Investment Trusts companies or other of the high Japan dividend stocks list.
GLP J-REIT Dividend Payout
About the ability of GLP J-REIT to maintain his current dividend of JPY 6220.08 per share, an amount that accounts for 4.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). GLP J-REIT payout on ernings is currently 117.02%, which is higher than the market average, and companies of Financials industry, which are 41.20% and 45.83% respectively. Both figures show that GLP J-REIT can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of GLP J-REIT is JPY 9,168.75 per share, which is higher than the dividend per share paid by the company of JPY 6,220.08, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of GLP J-REIT, compared againt world market average, Japan companies, Financials industry and Real Estate Investment Trusts sector companies.
GLP J-REIT Dividend History
Below you will find a table with the historical evolution of GLP J-REIT's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | JPY | Paypout | Shares* |
Present | 4.24% | 6,220.08 | 117.02% | 5 |
2022 | 4.11% | 6,218.43 | 117.14% | 5 |
2021 | 1.53% | 3,043.17 | 60.28% | 5 |
2020 | 3.35% | 5,447.10 | 126.96% | 4 |
*In millions
GLP J-REIT Stock performance
Finally, last moth GLP J-REIT showed a return of -3.00% compared to a worldwide 5.46% average, and a 5.37% of Financials firms. Over the last year, the company obtained a -20.60% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Japan and Real Estate Investment Trusts firms.