Konoike TransportLtd Dividend
Dividend criteria checks 4/6
Konoike TransportLtd is a dividend paying company with a current yield of 2.75% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €70.000 |
| Earnings per share | €283.84 |
| Dividend yield forecast | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2KT's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2KT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Konoike TransportLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2KT) | 2.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Logistics) | 2.8% |
| Analyst forecast (2KT) (up to 3 years) | 3.3% |
Notable Dividend: 2KT's dividend (2.75%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 2KT's dividend (2.75%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.9%), 2KT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), 2KT's dividend payments are well covered by cash flows.