Alinco Dividend
Dividend criteria checks 5/6
Alinco is a dividend paying company with a current yield of 4.41% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 19th September, 2024.
Key information
4.4%
Dividend yield
46%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 22 Nov 24 |
Ex dividend date | 19 Sep 24 |
Dividend per share | JP¥44.000 |
Earnings per share | JP¥89.89 |
Dividend yield forecast in 3Y | 4.4% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5933's dividends per share have been stable in the past 10 years.
Growing Dividend: 5933's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Alinco Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5933) | 4.4% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Machinery) | 2.7% |
Analyst forecast in 3 Years (5933) | 4.4% |
Notable Dividend: 5933's dividend (4.41%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5933's dividend (4.41%) is in the top 25% of dividend payers in the JP market (3.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), 5933's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5933 is paying a dividend but the company has no free cash flows.