Altech Dividends and Buybacks
Dividend criteria checks 4/6
Altech is a dividend paying company with a current yield of 3.6% that is well covered by earnings. Next payment date is on 27th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
3.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 27 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥95.000 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Altech (TSE:4641) Has Announced A Dividend Of ¥44.00
Aug 24
Altech (TSE:4641) Will Pay A Dividend Of ¥44.00
Aug 10Altech's (TSE:4641) Dividend Is Being Reduced To ¥44.00
Jun 19Altech's (TSE:4641) Dividend Will Be Reduced To ¥44.00
May 23Recent updates
Altech (TSE:4641) Has Announced A Dividend Of ¥44.00
Aug 24Altech's (TSE:4641) Soft Earnings Don't Show The Whole Picture
Aug 21Altech (TSE:4641) Will Pay A Dividend Of ¥44.00
Aug 10Altech's (TSE:4641) Dividend Is Being Reduced To ¥44.00
Jun 19Altech's (TSE:4641) Dividend Will Be Reduced To ¥44.00
May 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4641's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4641's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Altech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4641) | 3.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (4641) (up to 3 years) | 3.4% |
Notable Dividend: 4641's dividend (3.6%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4641's dividend (3.6%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.6%), 4641's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.1%), 4641's dividend payments are well covered by cash flows.