Central Glass Dividends and Buybacks
Dividend criteria checks 6/6
Central Glass is a dividend paying company with a current yield of 5.1% 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
5.1%
Dividend yield
0.004%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 10.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥170.000 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4044's dividends per share have been stable in the past 10 years.
Growing Dividend: 4044's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Central Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4044) | 5.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Building) | 2.3% |
| Analyst forecast (4044) (up to 3 years) | 5.4% |
Notable Dividend: 4044's dividend (5.1%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4044's dividend (5.1%) is in the top 25% of dividend payers in the JP market (3.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), 4044's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), 4044's dividend payments are well covered by cash flows.