DIP Dividend
Dividend criteria checks 3/6
DIP is a dividend paying company with a current yield of 3.19% that is well covered by earnings.
Key information
3.2%
Dividend yield
54%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥166.14 |
Dividend yield forecast in 3Y | 4.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2379 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2379's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
DIP Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (2379) | 3.2% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Professional Services) | 1.2% |
Analyst forecast in 3 Years (2379) | 4.0% |
Notable Dividend: 2379's dividend (3.19%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2379's dividend (3.19%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), 2379's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.7%), 2379's dividend payments are covered by cash flows.