Daikoku Denki Dividend
Dividend criteria checks 4/6
Daikoku Denki is a dividend paying company with a current yield of 3.92% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.9%
Dividend yield
7%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 05 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥120.000 |
Earnings per share | JP¥572.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6430's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6430's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Daikoku Denki Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6430) | 3.9% |
Market Bottom 25% (JP) | 2.1% |
Market Top 25% (JP) | 4.3% |
Industry Average (Leisure) | 1.9% |
Analyst forecast in 3 Years (6430) | n/a |
Notable Dividend: 6430's dividend (3.92%) is higher than the bottom 25% of dividend payers in the JP market (2.1%).
High Dividend: 6430's dividend (3.92%) is low compared to the top 25% of dividend payers in the JP market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7%), 6430's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.2%), 6430's dividend payments are well covered by cash flows.