Trusco Nakayama Dividend
Dividend criteria checks 3/6
Trusco Nakayama is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 2nd September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.8%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 02 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥198.74 |
| Dividend yield forecast in 3Y | 2.0% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9830's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9830's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Trusco Nakayama Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9830) | 1.8% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Trade Distributors) | 2.2% |
| Analyst forecast in 3 Years (9830) | 2.0% |
Notable Dividend: 9830's dividend (1.81%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9830's dividend (1.81%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), 9830's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (181.8%), 9830's dividend payments are not well covered by cash flows.