Sanki Service Dividend
Dividend criteria checks 2/6
Sanki Service is a dividend paying company with a current yield of 1.55% that is well covered by earnings. Next payment date is on 28th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.5%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 28 Aug 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥67.62 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6044 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6044's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sanki Service Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6044) | 1.5% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.3% |
| Industry Average (Commercial Services) | 1.9% |
| Analyst forecast in 3 Years (6044) | n/a |
Notable Dividend: 6044's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.65%).
High Dividend: 6044's dividend (1.55%) is low compared to the top 25% of dividend payers in the JP market (3.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 6044's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.5%), 6044's dividend payments are covered by cash flows.