Tsuruha Holdings Dividend
Dividend criteria checks 5/6
Tsuruha Holdings is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 20th July, 2024 with an ex-dividend date of 14th May, 2024.
Key information
2.7%
Dividend yield
3%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 20 Jul 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥557.43 |
| Dividend yield forecast in 3Y | 3.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3391's dividends per share have been stable in the past 10 years.
Growing Dividend: 3391's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tsuruha Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3391) | 2.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Retailing) | 1.6% |
| Analyst forecast in 3 Years (3391) | 3.3% |
Notable Dividend: 3391's dividend (2.72%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3391's dividend (2.72%) is low compared to the top 25% of dividend payers in the JP market (3.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.1%), 3391's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.7%), 3391's dividend payments are covered by cash flows.