CTS Dividends and Buybacks
Dividend criteria checks 3/6
CTS is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.7%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 14.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥25.000 |
| Payout ratio | 53% |
Recent dividend and buyback updates
CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Sep 24
CTS (TSE:4345) Has Announced A Dividend Of ¥12.50
Aug 29CTS (TSE:4345) Is Due To Pay A Dividend Of ¥12.50
Aug 09CTS' (TSE:4345) Dividend Will Be ¥12.50
Jul 26CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Jul 12Recent updates
Why CTS' (TSE:4345) Earnings Are Better Than They Seem
Nov 07CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Sep 24CTS (TSE:4345) Has Announced A Dividend Of ¥12.50
Aug 29CTS (TSE:4345) Is Due To Pay A Dividend Of ¥12.50
Aug 09CTS' (TSE:4345) Dividend Will Be ¥12.50
Jul 26CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Jul 12CTS' (TSE:4345) Earnings Offer More Than Meets The Eye
May 07CTS (TSE:4345) Is Increasing Its Dividend To ¥12.50
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4345 has been paying a dividend for less than 10 years.
Growing Dividend: 4345's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| CTS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4345) | 2.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (4345) (up to 3 years) | 3.1% |
Notable Dividend: 4345's dividend (2.72%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4345's dividend (2.72%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.5%), 4345's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.2%), 4345's dividend payments are well covered by cash flows.