Chubu Electric Power Company Dividends and Buybacks
Dividend criteria checks 4/6
Chubu Electric Power Company is a dividend paying company with a current yield of 3.76% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
0.005%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 14.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.363 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0C2's dividends per share have been stable in the past 10 years.
Growing Dividend: 0C2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chubu Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0C2) | 3.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Electric Utilities) | 4.8% |
| Analyst forecast (0C2) (up to 3 years) | 4.1% |
Notable Dividend: 0C2's dividend (3.76%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 0C2's dividend (3.76%) 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 (9.5%), 0C2's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0C2 is paying a dividend but the company has no free cash flows.