Densan Dividends and Buybacks
Dividend criteria checks 3/6
Densan is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
-13.6%
Buyback Yield
| Total Shareholder Yield | -11.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥37.000 |
| Payout ratio | 29% |
Recent dividend and buyback 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 6 years.
Dividend Yield vs Market
| Densan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3640) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (3640) (up to 3 years) | n/a |
Notable Dividend: 3640's dividend (2.59%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3640's dividend (2.59%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 3640's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.4%), 3640's dividend payments are covered by cash flows.