Corona Dividends and Buybacks
Dividend criteria checks 4/6
Corona is a dividend paying company with a current yield of 2.94% 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
2.9%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.6% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥28.000 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Corona (TSE:5909) Has Announced A Dividend Of ¥14.00
Sep 24
Corona (TSE:5909) Will Pay A Dividend Of ¥14.00
Aug 29Corona (TSE:5909) Is Due To Pay A Dividend Of ¥14.00
Aug 09Corona (TSE:5909) Has Announced A Dividend Of ¥14.00
Jul 26Corona's (TSE:5909) Dividend Will Be ¥14.00
Jul 12Recent updates
Corona (TSE:5909) Has Announced A Dividend Of ¥14.00
Sep 24Corona (TSE:5909) Will Pay A Dividend Of ¥14.00
Aug 29Corona (TSE:5909) Is Due To Pay A Dividend Of ¥14.00
Aug 09Corona (TSE:5909) Has Announced A Dividend Of ¥14.00
Jul 26Corona's (TSE:5909) Dividend Will Be ¥14.00
Jul 12Corona (TSE:5909) Has Announced A Dividend Of ¥14.00
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5909's dividends per share have been stable in the past 10 years.
Growing Dividend: 5909's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Corona Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5909) | 2.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Durables) | 1.7% |
| Analyst forecast (5909) (up to 3 years) | n/a |
Notable Dividend: 5909's dividend (2.94%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 5909's dividend (2.94%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 5909's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5909 is paying a dividend but the company has no free cash flows.