Altech Dividend
Dividend criteria checks 4/6
Altech is a dividend paying company with a current yield of 3.35% 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
3.4%
Dividend yield
29%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | 27 Mar 25 |
Ex dividend date | 27 Dec 24 |
Dividend per share | JP¥88.000 |
Earnings per share | JP¥175.40 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Altech (TSE:4641) Has Announced A Dividend Of ¥44.00
Aug 24Altech (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) | 3.4% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Professional Services) | 1.0% |
Analyst forecast in 3 Years (4641) | 3.5% |
Notable Dividend: 4641's dividend (3.35%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4641's dividend (3.35%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 4641's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), 4641's dividend payments are well covered by cash flows.