Yurtec Dividend
Dividend criteria checks 3/6
Yurtec is a dividend paying company with a current yield of 3% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
37%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥46.000 |
| Earnings per share | JP¥113.65 |
| Dividend yield forecast | n/a |
Recent dividend updates
Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Sep 27
Yurtec (TSE:1934) Has Announced A Dividend Of ¥23.00
Aug 20Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Jul 26Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Jul 11Recent updates
Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Sep 27Yurtec (TSE:1934) Has Announced A Dividend Of ¥23.00
Aug 20Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Jul 26Yurtec (TSE:1934) Is Due To Pay A Dividend Of ¥23.00
Jul 11Yurtec (TSE:1934) Has A Rock Solid Balance Sheet
May 22Investors Interested In Yurtec Corporation's (TSE:1934) Earnings
Apr 15Yurtec (TSE:1934) Has Announced That It Will Be Increasing Its Dividend To ¥16.00
Mar 11Yurtec (TSE:1934) Is Paying Out A Larger Dividend Than Last Year
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1934's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1934's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yurtec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1934) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast (1934) (up to 3 years) | n/a |
Notable Dividend: 1934's dividend (3%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 1934's dividend (3%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 1934's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (307.2%), 1934's dividend payments are not well covered by cash flows.