The Chugoku Electric Power Co., Inc.

DB:59K Stock Report

Market Cap: €2.1b

Chugoku Electric Power Dividends and Buybacks

Dividend criteria checks 1/6

Chugoku Electric Power is a dividend paying company with a current yield of 1.06% 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

1.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.9%
Dividend Growth-7.8%
Next dividend pay date29 Nov 24
Ex dividend date27 Sep 24
Dividend per share€0.0594
Payout ratio20%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 59K's dividend payments have been volatile in the past 10 years.

Growing Dividend: 59K's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Chugoku Electric Power Dividend Yield vs Market
How does 59K dividend yield compare to the market?
SegmentDividend Yield
Company (59K)1.1%
Market Bottom 25% (DE)1.7%
Market Top 25% (DE)4.9%
Industry Average (Electric Utilities)4.8%
Analyst forecast (59K) (up to 3 years)2.9%

Notable Dividend: 59K's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).

High Dividend: 59K's dividend (1.06%) 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 (20.3%), 59K's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 59K is paying a dividend but the company has no free cash flows.


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