Payroll Dividends and Buybacks
Dividend criteria checks 2/6
Payroll is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥15.000 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4489 has been paying a dividend for less than 10 years.
Growing Dividend: 4489's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Payroll Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4489) | 1.1% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (4489) (up to 3 years) | 1.4% |
Notable Dividend: 4489's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 4489's dividend (1.09%) is low compared to the top 25% of dividend payers in the JP market (3.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 4489's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), 4489's dividend payments are well covered by cash flows.