Kanefusa Dividend
Dividend criteria checks 4/6
Kanefusa is a dividend paying company with a current yield of 4.73% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.7%
Dividend yield
44%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥35.500 |
| Earnings per share | JP¥50.86 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5984's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5984's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kanefusa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5984) | 4.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Machinery) | 2.6% |
| Analyst forecast (5984) (up to 3 years) | n/a |
Notable Dividend: 5984's dividend (4.73%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 5984's dividend (4.73%) is in the top 25% of dividend payers in the JP market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), 5984's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5984 is paying a dividend but the company has no free cash flows.