Daiichi Jitsugyo Dividends and Buybacks
Dividend criteria checks 3/6
Daiichi Jitsugyo is a dividend paying company with a current yield of 2.73% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.05% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥72.000 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Daiichi Jitsugyo (TSE:8059) Has Announced That Its Dividend Will Be Reduced To ¥36.00
Aug 20
Daiichi Jitsugyo (TSE:8059) Will Pay A Smaller Dividend Than Last Year
Aug 06Recent updates
Daiichi Jitsugyo's (TSE:8059) Earnings Are Weaker Than They Seem
Nov 19Market Might Still Lack Some Conviction On Daiichi Jitsugyo Co., Ltd. (TSE:8059) Even After 26% Share Price Boost
Sep 04Daiichi Jitsugyo (TSE:8059) Has Announced That Its Dividend Will Be Reduced To ¥36.00
Aug 20Daiichi Jitsugyo (TSE:8059) Will Pay A Smaller Dividend Than Last Year
Aug 06Daiichi Jitsugyo's (TSE:8059) Shareholders May Want To Dig Deeper Than Statutory Profit
May 21Why Investors Shouldn't Be Surprised By Daiichi Jitsugyo Co., Ltd.'s (TSE:8059) Low P/E
May 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8059's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8059's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Daiichi Jitsugyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8059) | 2.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast (8059) (up to 3 years) | n/a |
Notable Dividend: 8059's dividend (2.73%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 8059's dividend (2.73%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 8059's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.3%), 8059's dividend payments are not well covered by cash flows.