Asukanet Dividends and Buybacks
Dividend criteria checks 2/6
Asukanet is a dividend paying company with a current yield of 1.41% that is well covered by earnings.
Key information
1.4%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥7.000 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2438 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2438 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Asukanet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2438) | 1.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (2438) (up to 3 years) | n/a |
Notable Dividend: 2438's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2438's dividend (1.41%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), 2438's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), 2438's dividend payments are well covered by cash flows.