Kanadevia Dividend
Dividend criteria checks 4/6
Kanadevia is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
21%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥23.000 |
| Earnings per share | JP¥107.24 |
| Dividend yield forecast | 2.8% |
Recent dividend updates
Recent updates
Investors Holding Back On Hitachi Zosen Corporation (TSE:7004)
Aug 28
Hitachi Zosen (TSE:7004) Shareholders Will Want The ROCE Trajectory To Continue
Jul 04Hitachi Zosen (TSE:7004) Seems To Use Debt Quite Sensibly
Apr 05Hitachi Zosen (TSE:7004) Shareholders Will Want The ROCE Trajectory To Continue
Mar 20Hitachi Zosen Corporation (TSE:7004) Held Back By Insufficient Growth Even After Shares Climb 36%
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7004's dividends per share have been stable in the past 10 years.
Growing Dividend: 7004's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kanadevia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7004) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Machinery) | 2.7% |
| Analyst forecast (7004) (up to 3 years) | 2.8% |
Notable Dividend: 7004's dividend (2.27%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 7004's dividend (2.27%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.4%), 7004's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7004 is paying a dividend but the company has no free cash flows.