Rinnai Dividend
Dividend criteria checks 4/6
Rinnai is a dividend paying company with a current yield of 2.18% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.2%
Dividend yield
32%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Earnings per share | JP¥187.77 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Rinnai (TSE:5947) Is Paying Out A Larger Dividend Than Last Year
Jul 26
Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00
Jul 11Rinnai (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 03Recent updates
Rinnai (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 29Upcoming Dividend Payment
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) | 2.2% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.5% |
| Industry Average (Consumer Durables) | 1.8% |
| Analyst forecast in 3 Years (5947) | 2.6% |
Notable Dividend: 5947's dividend (2.18%) is higher than the bottom 25% of dividend payers in the JP market (1.75%).
High Dividend: 5947's dividend (2.18%) is low compared to the top 25% of dividend payers in the JP market (3.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 5947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (189.8%), 5947's dividend payments are not well covered by cash flows.