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Japan Excellent (TSE:8987) 3-Year Dividend Growth Rate : -2.10% (As of Jun. 2024)


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What is Japan Excellent 3-Year Dividend Growth Rate?

Japan Excellent's Dividends per Share for the six months ended in Jun. 2024 was 円2,862.00.

The historical rank and industry rank for Japan Excellent's 3-Year Dividend Growth Rate or its related term are showing as below:

TSE:8987' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.6   Med: 1.3   Max: 15
Current: -2.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Japan Excellent was 15.00% per year. The lowest was -9.60% per year. And the median was 1.30% per year.

TSE:8987's 3-Year Dividend Growth Rate is ranked worse than
73.88% of 513 companies
in the REITs industry
Industry Median: 3.1 vs TSE:8987: -2.10

During the past 12 months, Japan Excellent's average Dividends Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Japan Excellent's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.91. As of today, Japan Excellent's Dividend Yield % is 4.92%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Excellent Inc is 0.92, which seems too high.

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


Competitive Comparison of Japan Excellent's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Japan Excellent's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Japan Excellent's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Excellent's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Japan Excellent's 3-Year Dividend Growth Rate falls into.



Japan Excellent 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Japan Excellent  (TSE:8987) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Japan Excellent's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=2862/ 3159.756
=0.91

During the past 13 years, the highest Dividend Payout Ratio of Japan Excellent was 1.05. The lowest was 0.83. And the median was 0.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Japan Excellent Inc is 0.92, which seems too high.

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

Japan Excellent Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
JPY 2862.0000002024-06-272024-06-302024-09-20Cash Dividendsemi-annuallyJPY:JPY 1.000000
JPY 2800.0000002023-12-282023-12-312024-03-15Cash 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.

Japan Excellent's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5662/115300.00
=4.91 %

Current Share Price is 円115300.00.
Japan Excellent's Dividends per Share for the trailing twelve months (TTM) ended in Today is 円5662.

During the past 13 years, the highest Dividend Yield of Japan Excellent was 6.19%. The lowest was 2.34%. And the median was 3.83%.

* 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.


Japan Excellent 3-Year Dividend Growth Rate Related Terms>


Japan Excellent Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.

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