PIOLAX Dividends and Buybacks
Dividend criteria checks 2/6
PIOLAX is a dividend paying company with a current yield of 3.75%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 15.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥92.000 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5988's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5988's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PIOLAX Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5988) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (5988) (up to 3 years) | 5.2% |
Notable Dividend: 5988's dividend (3.75%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5988's dividend (3.75%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102.4%), 5988's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (191.5%), 5988's dividend payments are not well covered by cash flows.