Heiwa PaperLtd Dividend
Dividend criteria checks 3/6
Heiwa PaperLtd is a dividend paying company with a current yield of 2.67% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
72%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥12.000 |
Earnings per share | JP¥14.38 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Heiwa PaperLtd's (TSE:9929) Dividend Will Be ¥6.00
Jul 26Heiwa PaperLtd (TSE:9929) Has Announced A Dividend Of ¥6.00
Jul 12Heiwa PaperLtd (TSE:9929) Will Pay A Dividend Of ¥6.00
Mar 26Heiwa PaperLtd (TSE:9929) Is Due To Pay A Dividend Of ¥6.00
Mar 11Heiwa PaperLtd (TSE:9929) Is Paying Out A Dividend Of ¥6.00
Feb 26Recent updates
Heiwa PaperLtd's (TSE:9929) Dividend Will Be ¥6.00
Jul 26Heiwa PaperLtd (TSE:9929) Has Announced A Dividend Of ¥6.00
Jul 12Heiwa PaperLtd (TSE:9929) Will Pay A Dividend Of ¥6.00
Mar 26Heiwa PaperLtd (TSE:9929) Is Due To Pay A Dividend Of ¥6.00
Mar 11Heiwa PaperLtd (TSE:9929) Is Paying Out A Dividend Of ¥6.00
Feb 26Upcoming Dividend Payment
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 |
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Segment | Dividend Yield |
---|---|
Company (9929) | 2.7% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.8% |
Industry Average (Trade Distributors) | 3.0% |
Analyst forecast in 3 Years (9929) | n/a |
Notable Dividend: 9929's dividend (2.67%) is higher than the bottom 25% of dividend payers in the JP market (1.78%).
High Dividend: 9929's dividend (2.67%) is low compared to the top 25% of dividend payers in the JP market (3.59%).
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 (147.4%), 9929's dividend payments are not well covered by cash flows.