Asahi Rubber Dividend
Dividend criteria checks 5/6
Asahi Rubber is a dividend paying company with a current yield of 3.63% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 28th March, 2024.
Key information
3.6%
Dividend yield
57%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 26 Jun 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥34.87 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5162's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5162's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Asahi Rubber Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5162) | 3.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (5162) | 3.6% |
Notable Dividend: 5162's dividend (3.63%) is higher than the bottom 25% of dividend payers in the JP market (1.57%).
High Dividend: 5162's dividend (3.63%) is in the top 25% of dividend payers in the JP market (3.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), 5162's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), 5162's dividend payments are well covered by cash flows.