Odakyu Electric Railway Dividend
Dividend criteria checks 3/6
Odakyu Electric Railway is a dividend paying company with a current yield of 1.9% 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
1.9%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 5.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.175 |
| Payout ratio | 11% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: V8H's dividend payments have been volatile in the past 10 years.
Growing Dividend: V8H's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Odakyu Electric Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (V8H) | 1.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Transportation) | 4.6% |
| Analyst forecast (V8H) (up to 3 years) | 2.3% |
Notable Dividend: V8H's dividend (1.9%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: V8H's dividend (1.9%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.3%), V8H's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.4%), V8H's dividend payments are not well covered by cash flows.