Procrea Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Procrea Holdings is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.8%
Dividend yield
39.4%
Buyback Yield
| Total Shareholder Yield | 42.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.0% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7384 has been paying a dividend for less than 10 years.
Growing Dividend: 7384 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Procrea Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7384) | 2.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast (7384) (up to 3 years) | n/a |
Notable Dividend: 7384's dividend (2.78%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7384's dividend (2.78%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), 7384's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.