Rasa Dividends and Buybacks
Dividend criteria checks 6/6
Rasa is a dividend paying company with a current yield of 5.02% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.0%
Dividend yield
3.9%
Buyback Yield
Total Shareholder Yield | 8.9% |
Future Dividend Yield | n/a |
Dividend Growth | 7.1% |
Next dividend pay date | 06 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥68.000 |
Payout ratio | 19% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3023's dividends per share have been stable in the past 10 years.
Growing Dividend: 3023's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Rasa Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3023) | 5.0% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Trade Distributors) | 3.3% |
Analyst forecast (3023) (up to 3 years) | n/a |
Notable Dividend: 3023's dividend (5.02%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3023's dividend (5.02%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), 3023's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.5%), 3023's dividend payments are covered by cash flows.