Heiwa PaperLtd Dividend
Dividend criteria checks 3/6
Heiwa PaperLtd is a dividend paying company with a current yield of 2.71% that is well covered by earnings.
Key information
2.7%
Dividend yield
72%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥16.70 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9929's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9929's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Heiwa PaperLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (9929) | 2.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Trade Distributors) | 2.4% |
Analyst forecast in 3 Years (9929) | n/a |
Notable Dividend: 9929's dividend (2.71%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 9929's dividend (2.71%) is low compared to the top 25% of dividend payers in the JP market (3.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.8%), 9929's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (202.7%), 9929's dividend payments are not well covered by cash flows.