Altech Dividends and Buybacks
Dividend criteria checks 2/6
Altech is a dividend paying company with a current yield of 3.23%. Next payment date is on 28th February, 2025 with an ex-dividend date of 28th November, 2024.
Key information
3.2%
Dividend yield
6.3%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.5% |
| Next dividend pay date | 28 Feb 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | JP¥7.000 |
| Payout ratio | -18% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9972's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9972's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Altech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9972) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Trade Distributors) | 3.4% |
| Analyst forecast (9972) (up to 3 years) | n/a |
Notable Dividend: 9972's dividend (3.23%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 9972's dividend (3.23%) is low compared to the top 25% of dividend payers in the JP market (3.85%).
Earnings Payout to Shareholders
Earnings Coverage: 9972 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 9972 is paying a dividend but the company has no free cash flows.