Sangetsu Dividend
Dividend criteria checks 5/6
Sangetsu is a dividend paying company with a current yield of 5.39% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.4%
Dividend yield
64%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥150.000 |
| Earnings per share | JP¥220.14 |
| Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Aug 09
Sangetsu (TSE:8130) Has Announced A Dividend Of ¥75.00
Jul 25Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Jul 11Sangetsu's (TSE:8130) Dividend Will Be Increased To ¥75.00
Mar 04Recent updates
Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Aug 09Sangetsu (TSE:8130) Has Announced A Dividend Of ¥75.00
Jul 25Sangetsu's (TSE:8130) Dividend Will Be ¥75.00
Jul 11Investor Optimism Abounds Sangetsu Corporation (TSE:8130) But Growth Is Lacking
Apr 17We Like These Underlying Return On Capital Trends At Sangetsu (TSE:8130)
Mar 22Sangetsu's (TSE:8130) Dividend Will Be Increased To ¥75.00
Mar 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8130's dividends per share have been stable in the past 10 years.
Growing Dividend: 8130's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sangetsu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8130) | 5.4% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Durables) | 1.9% |
| Analyst forecast in 3 Years (8130) | 6.1% |
Notable Dividend: 8130's dividend (5.39%) is higher than the bottom 25% of dividend payers in the JP market (1.88%).
High Dividend: 8130's dividend (5.39%) is in the top 25% of dividend payers in the JP market (3.83%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.6%), 8130's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (112.9%), 8130's dividend payments are not well covered by cash flows.