Penta-Ocean Construction Dividend
Dividend criteria checks 5/6
Penta-Ocean Construction is a dividend paying company with a current yield of 3.67% that is well covered by earnings.
Key information
3.7%
Dividend yield
33%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥63.01 |
Dividend yield forecast in 3Y | 4.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1893's dividends per share have been stable in the past 10 years.
Growing Dividend: 1893's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Penta-Ocean Construction Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1893) | 3.7% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.3% |
Industry Average (Construction) | 3.2% |
Analyst forecast in 3 Years (1893) | 4.3% |
Notable Dividend: 1893's dividend (3.67%) is higher than the bottom 25% of dividend payers in the JP market (1.65%).
High Dividend: 1893's dividend (3.67%) is in the top 25% of dividend payers in the JP market (3.33%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 1893's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1893 is paying a dividend but the company has no free cash flows.