Canare Electric Dividends and Buybacks
Dividend criteria checks 5/6
Canare Electric is a dividend paying company with a current yield of 3.94% that is well covered by earnings. Next payment date is on 25th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.8% |
| Next dividend pay date | 25 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥56.000 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5819's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5819's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canare Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5819) | 3.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (5819) (up to 3 years) | n/a |
Notable Dividend: 5819's dividend (3.94%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5819's dividend (3.94%) is in the top 25% of dividend payers in the JP market (3.84%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), 5819's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.7%), 5819's dividend payments are covered by cash flows.