Hikari Tsushin Dividend
Dividend criteria checks 5/6
Hikari Tsushin is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
26%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥2.23k |
Dividend yield forecast in 3Y | 2.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9435's dividends per share have been stable in the past 10 years.
Growing Dividend: 9435's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hikari Tsushin Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9435) | 2.3% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Industrials) | 1.2% |
Analyst forecast in 3 Years (9435) | 2.5% |
Notable Dividend: 9435's dividend (2.29%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9435's dividend (2.29%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 9435's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), 9435's dividend payments are well covered by cash flows.