Rinnai Dividends and Buybacks
Dividend criteria checks 5/6
Rinnai is a dividend paying company with a current yield of 2.5% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.5%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 9.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Rinnai's (TSE:5947) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 25
Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00
Sep 06Rinnai (TSE:5947) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Aug 21Rinnai (TSE:5947) Is Paying Out A Larger Dividend Than Last Year
Jul 26Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00
Jul 11Recent updates
Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 10Rinnai (TSE:5947) Has Some Way To Go To Become A Multi-Bagger
Nov 04Rinnai's (TSE:5947) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 25Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00
Sep 06Rinnai (TSE:5947) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Aug 21Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 09Rinnai (TSE:5947) Is Paying Out A Larger Dividend Than Last Year
Jul 26Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00
Jul 11Rinnai Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 13Calculating The Fair Value Of Rinnai Corporation (TSE:5947)
Apr 17Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00
Mar 25Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00
Mar 03Getting In Cheap On Rinnai Corporation (TSE:5947) Might Be Difficult
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5947's dividends per share have been stable in the past 10 years.
Growing Dividend: 5947's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Rinnai Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5947) | 2.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Durables) | 1.7% |
| Analyst forecast (5947) (up to 3 years) | 3.0% |
Notable Dividend: 5947's dividend (2.5%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 5947's dividend (2.5%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 5947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34%), 5947's dividend payments are well covered by cash flows.