YKT Dividend
Dividend criteria checks 4/6
YKT is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
21%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥26.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
What To Know Before Buying YKT Corporation (TYO:2693) For Its Dividend
May 05
There Are Reasons To Feel Uneasy About YKT's (TYO:2693) Returns On Capital
Apr 08We Think YKT (TYO:2693) Is Taking Some Risk With Its Debt
Mar 13We're Not So Sure You Should Rely on YKT's (TYO:2693) Statutory Earnings
Feb 14
Key Things To Consider Before Buying YKT Corporation (TYO:2693) For Its Dividend
Jan 24Should You Be Impressed By YKT's (TYO:2693) Returns on Capital?
Dec 17Does YKT (TYO:2693) Have A Healthy Balance Sheet?
Nov 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2693's dividends per share have been stable in the past 10 years.
Growing Dividend: 2693's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| YKT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2693) | 1.8% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Trade Distributors) | 2.3% |
| Analyst forecast in 3 Years (2693) | n/a |
Notable Dividend: 2693's dividend (1.83%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2693's dividend (1.83%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), 2693's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), 2693's dividend payments are thoroughly covered by cash flows.