Alpha Purchase Dividend
Dividend criteria checks 3/6
Alpha Purchase is a dividend paying company with a current yield of 2.61% 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
2.6%
Dividend yield
25%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 27 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥27.000 |
| Earnings per share | JP¥86.01 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7115 has been paying a dividend for less than 10 years.
Growing Dividend: 7115's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Alpha Purchase Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7115) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Commercial Services) | 2.1% |
| Analyst forecast in 3 Years (7115) | n/a |
Notable Dividend: 7115's dividend (2.61%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 7115's dividend (2.61%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 7115's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.8%), 7115's dividend payments are thoroughly covered by cash flows.