Daikoku Denki Dividend
Dividend criteria checks 4/6
Daikoku Denki is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
7%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥120.000 |
| Earnings per share | JP¥606.78 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6430's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6430's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Daikoku Denki Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6430) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Leisure) | 1.5% |
| Analyst forecast (6430) (up to 3 years) | n/a |
Notable Dividend: 6430's dividend (3.47%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6430's dividend (3.47%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.6%), 6430's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.2%), 6430's dividend payments are well covered by cash flows.