MEITEC Group Holdings Dividend
Dividend criteria checks 5/6
MEITEC Group Holdings is a dividend paying company with a current yield of 4.86% that is well covered by earnings.
Key information
4.9%
Dividend yield
62%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥159.87 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
MEITEC Group Holdings (TSE:9744) Has Affirmed Its Dividend Of ¥63.00
Mar 15MEITEC Group Holdings (TSE:9744) Is Due To Pay A Dividend Of ¥63.00
Feb 26Recent updates
Calculating The Fair Value Of MEITEC Group Holdings Inc. (TSE:9744)
Jun 10We Think MEITEC Group Holdings (TSE:9744) Might Have The DNA Of A Multi-Bagger
Apr 19MEITEC Group Holdings (TSE:9744) Has Affirmed Its Dividend Of ¥63.00
Mar 15MEITEC Group Holdings (TSE:9744) Is Due To Pay A Dividend Of ¥63.00
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9744's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9744's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
MEITEC Group Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (9744) | 4.9% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Professional Services) | 1.0% |
Analyst forecast in 3 Years (9744) | 4.9% |
Notable Dividend: 9744's dividend (4.86%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 9744's dividend (4.86%) is in the top 25% of dividend payers in the JP market (3.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), 9744's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.7%), 9744's dividend payments are covered by cash flows.