SpaceLtd is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 11th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.6%
Dividend yield
52%
Payout ratio
Industry average yield
1.1%
Next dividend pay date
11 Sep 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
JP¥68.76
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9622 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9622 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
SpaceLtd Dividend Yield vs Market
How does 9622 dividend yield compare to the market?
Segment
Dividend Yield
Company (9622)
3.6%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Professional Services)
1.1%
Analyst forecast in 3 Years (9622)
n/a
Notable Dividend: 9622's dividend (3.55%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 9622's dividend (3.55%) is in the top 25% of dividend payers in the JP market (3.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 9622's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (119.5%), 9622's dividend payments are not well covered by cash flows.