ALPHA Dividend
Dividend criteria checks 5/6
ALPHA is a dividend paying company with a current yield of 4.33% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.3%
Dividend yield
19%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 05 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥50.000 |
Earnings per share | JP¥180.12 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3434's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3434's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ALPHA Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3434) | 4.3% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.8% |
Industry Average (Auto Components) | 3.4% |
Analyst forecast in 3 Years (3434) | n/a |
Notable Dividend: 3434's dividend (4.33%) is higher than the bottom 25% of dividend payers in the JP market (1.88%).
High Dividend: 3434's dividend (4.33%) is in the top 25% of dividend payers in the JP market (3.83%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 3434's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), 3434's dividend payments are thoroughly covered by cash flows.