Pressance Dividend
Dividend criteria checks 3/6
Pressance is a dividend paying company with a current yield of 2.28% that is well covered by earnings. Next payment date is on 18th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.3%
Dividend yield
8%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥42.000 |
| Earnings per share | JP¥259.10 |
| Dividend yield forecast in 3Y | 3.0% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3254's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3254's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pressance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3254) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Consumer Durables) | 1.8% |
| Analyst forecast in 3 Years (3254) | 3.0% |
Notable Dividend: 3254's dividend (2.28%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3254's dividend (2.28%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.1%), 3254's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3254 is paying a dividend but the company has no free cash flows.