Corona Dividend
Dividend criteria checks 4/6
Corona is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
61%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥28.000 |
Earnings per share | JP¥45.59 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (5909) | 3.1% |
Market Bottom 25% (JP) | 1.9% |
Market Top 25% (JP) | 3.9% |
Industry Average (Consumer Durables) | 2.0% |
Analyst forecast in 3 Years (5909) | n/a |
Notable Dividend: 5909's dividend (3.13%) is higher than the bottom 25% of dividend payers in the JP market (1.94%).
High Dividend: 5909's dividend (3.13%) is low compared to the top 25% of dividend payers in the JP market (3.93%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.5%), 5909's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5909 is paying a dividend but the company has no free cash flows.