Globeride Dividends and Buybacks
Dividend criteria checks 5/6
Globeride is a dividend paying company with a current yield of 4.21% 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
4.2%
Dividend yield
0.009%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 2.6% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥80.000 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Globeride's (TSE:7990) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27
Globeride (TSE:7990) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Jul 25Globeride's (TSE:7990) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Globeride (TSE:7990) Is Due To Pay A Dividend Of ¥35.00
Mar 12Recent updates
Globeride's (TSE:7990) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27Globeride (TSE:7990) Has Announced That It Will Be Increasing Its Dividend To ¥40.00
Jul 25Globeride's (TSE:7990) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Globeride (TSE:7990) Is Due To Pay A Dividend Of ¥35.00
Mar 12Globeride's (TSE:7990) Dividend Will Be ¥35.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7990's dividends per share have been stable in the past 10 years.
Growing Dividend: 7990's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Globeride Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7990) | 4.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Leisure) | 1.7% |
| Analyst forecast (7990) (up to 3 years) | 5.0% |
Notable Dividend: 7990's dividend (4.21%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 7990's dividend (4.21%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), 7990's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (786%), 7990's dividend payments are not well covered by cash flows.