Marubeni Construction Material LeaseLtd Dividend
Dividend criteria checks 5/6
Marubeni Construction Material LeaseLtd is a dividend paying company with a current yield of 4.42% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.4%
Dividend yield
31%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥130.000 |
| Earnings per share | JP¥365.88 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9763's dividends per share have been stable in the past 10 years.
Growing Dividend: 9763's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Marubeni Construction Material LeaseLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9763) | 4.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast in 3 Years (9763) | n/a |
Notable Dividend: 9763's dividend (4.42%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9763's dividend (4.42%) is in the top 25% of dividend payers in the JP market (3.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 9763's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (247%), 9763's dividend payments are not well covered by cash flows.