Tanabe Consulting GroupLtd Dividends and Buybacks
Dividend criteria checks 2/6
Tanabe Consulting GroupLtd is a dividend paying company with a current yield of 3.76% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.8%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 9.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥46.000 |
| Payout ratio | 54% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9644 has been paying a dividend for less than 10 years.
Growing Dividend: 9644's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Tanabe Consulting GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9644) | 3.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (9644) (up to 3 years) | 3.8% |
Notable Dividend: 9644's dividend (3.76%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 9644's dividend (3.76%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.2%), 9644's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.4%), 9644's dividend payments are not well covered by cash flows.