Densan Dividend
Dividend criteria checks 3/6
Densan is a dividend paying company with a current yield of 2.48% that is well covered by earnings.
Key information
2.5%
Dividend yield
19%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥208.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3640 has been paying a dividend for less than 10 years.
Growing Dividend: 3640's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Densan Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3640) | 2.5% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Professional Services) | 1.1% |
Analyst forecast in 3 Years (3640) | n/a |
Notable Dividend: 3640's dividend (2.48%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 3640's dividend (2.48%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), 3640's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.8%), 3640's dividend payments are thoroughly covered by cash flows.