Rinnai Dividend
Dividend criteria checks 4/6
Rinnai is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥153.96 |
| Dividend yield forecast in 3Y | 2.8% |
Stability 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) | 1.8% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Durables) | 1.7% |
| Analyst forecast in 3 Years (5947) | 2.8% |
Notable Dividend: 5947's dividend (1.76%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 5947's dividend (1.76%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), 5947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 5947 is paying a dividend but the company has no free cash flows.