MEITEC Group Holdings Dividend
Dividend criteria checks 5/6
MEITEC Group Holdings is a dividend paying company with a current yield of 4.95% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.9%
Dividend yield
69%
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥158.000 |
| Earnings per share | JP¥167.44 |
| Dividend yield forecast | 5.4% |
Recent dividend updates
MEITEC Group Holdings' (TSE:9744) Dividend Will Be Increased To ¥88.00
Aug 12
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
An Intrinsic Calculation For MEITEC Group Holdings Inc. (TSE:9744) Suggests It's 32% Undervalued
Sep 17MEITEC Group Holdings Inc.'s (TSE:9744) Business Is Yet to Catch Up With Its Share Price
Aug 29MEITEC Group Holdings' (TSE:9744) Dividend Will Be Increased To ¥88.00
Aug 12Calculating 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) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Professional Services) | 0.9% |
| Analyst forecast (9744) (up to 3 years) | 5.4% |
Notable Dividend: 9744's dividend (4.95%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 9744's dividend (4.95%) is in the top 25% of dividend payers in the JP market (3.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.6%), 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.