CORREC Dividends and Buybacks
Dividend criteria checks 1/6
CORREC is a dividend paying company with a current yield of 2.25%. Next payment date is on 30th May, 2025 with an ex-dividend date of 27th February, 2025.
Key information
2.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.9% |
| Next dividend pay date | 30 May 25 |
| Ex dividend date | 27 Feb 25 |
| Dividend per share | JP¥8.000 |
| Payout ratio | 1,462% |
Recent dividend and buyback updates
Recent updates
CORREC Co., Ltd.'s (TSE:6578) 28% Share Price Surge Not Quite Adding Up
Nov 15
Is CORREC (TSE:6578) Using Too Much Debt?
Oct 03The Market Doesn't Like What It Sees From CORREC Co., Ltd.'s (TSE:6578) Revenues Yet As Shares Tumble 32%
Aug 06What CORREC Co., Ltd.'s (TSE:6578) 25% Share Price Gain Is Not Telling You
May 13Optimistic Investors Push NLINKS Co., Ltd. (TSE:6578) Shares Up 25% But Growth Is Lacking
Mar 15We Think NLINKS (TSE:6578) Can Stay On Top Of Its Debt
Mar 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6578 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6578's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| CORREC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6578) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (6578) (up to 3 years) | n/a |
Notable Dividend: 6578's dividend (2.25%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6578's dividend (2.25%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1461.9%), 6578's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (217.2%), 6578's dividend payments are not well covered by cash flows.