CTS Dividend
Dividend criteria checks 3/6
CTS is a dividend paying company with a current yield of 3.28% 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
3.3%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥25.000 |
| Earnings per share | JP¥45.22 |
| Dividend yield forecast in 3Y | 3.7% |
Upcoming Dividend Payment
Stability 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) | 3.3% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Commercial Services) | 2.3% |
| Analyst forecast in 3 Years (4345) | 3.7% |
Notable Dividend: 4345's dividend (3.28%) is higher than the bottom 25% of dividend payers in the JP market (1.94%).
High Dividend: 4345's dividend (3.28%) is low compared to the top 25% of dividend payers in the JP market (3.93%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), 4345's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38%), 4345's dividend payments are well covered by cash flows.