Sugimoto Dividends and Buybacks
Dividend criteria checks 4/6
Sugimoto is a dividend paying company with a current yield of 2.55% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
4.1%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥35.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9932's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9932's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sugimoto Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9932) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Trade Distributors) | 3.3% |
| Analyst forecast (9932) (up to 3 years) | n/a |
Notable Dividend: 9932's dividend (2.55%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 9932's dividend (2.55%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), 9932's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.3%), 9932's dividend payments are covered by cash flows.