Advanex Dividend
Dividend criteria checks 3/6
Advanex is a dividend paying company with a current yield of 1.41% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 28th March, 2024.
Key information
1.4%
Dividend yield
19%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 01 Jul 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | JP¥64.52 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5998's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5998's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Advanex Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (5998) | 1.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (5998) | n/a |
Notable Dividend: 5998's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.57%).
High Dividend: 5998's dividend (1.41%) is low compared to the top 25% of dividend payers in the JP market (3.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), 5998's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.4%), 5998's dividend payments are thoroughly covered by cash flows.