TanakaLtd Dividend
Dividend criteria checks 5/6
TanakaLtd is a dividend paying company with a current yield of 3.66% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥29.000 |
| Earnings per share | JP¥146.44 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7619's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7619's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TanakaLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7619) | 3.7% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Trade Distributors) | 2.6% |
| Analyst forecast in 3 Years (7619) | n/a |
Notable Dividend: 7619's dividend (3.66%) is higher than the bottom 25% of dividend payers in the JP market (1.72%).
High Dividend: 7619's dividend (3.66%) is in the top 25% of dividend payers in the JP market (3.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 7619's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), 7619's dividend payments are thoroughly covered by cash flows.