Kitoku Shinryo Dividend
Dividend criteria checks 4/6
Kitoku Shinryo is a dividend paying company with a current yield of 1.08% that is well covered by earnings. Next payment date is on 19th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.1%
Dividend yield
6%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 19 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥912.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is Kitoku Shinryo (TYO:2700) A Risky Investment?
Mar 10Key Things To Consider Before Buying Kitoku Shinryo Co., Ltd. (TYO:2700) For Its Dividend
Jan 29Read This Before Considering Kitoku Shinryo Co., Ltd. (TYO:2700) For Its Upcoming JP¥25.00 Dividend
Dec 23Reflecting on Kitoku Shinryo's (TYO:2700) Share Price Returns Over The Last Three Years
Dec 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2700's dividends per share have been stable in the past 10 years.
Growing Dividend: 2700's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Kitoku Shinryo Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2700) | 1.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Consumer Retailing) | 1.6% |
Analyst forecast in 3 Years (2700) | n/a |
Notable Dividend: 2700's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2700's dividend (1.08%) 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 (6.1%), 2700's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.1%), 2700's dividend payments are covered by cash flows.