Tsuruha Holdings Dividend
Dividend criteria checks 4/6
Tsuruha Holdings is a dividend paying company with a current yield of 3.63% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 14th November, 2024.
Key information
3.6%
Dividend yield
54%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | JP¥310.000 |
| Earnings per share | JP¥495.56 |
| Dividend yield forecast | 3.9% |
Recent dividend updates
Recent updates
Tsuruha Holdings (TSE:3391) Is Paying Out A Larger Dividend Than Last Year
Sep 11
Subdued Growth No Barrier To Tsuruha Holdings Inc.'s (TSE:3391) Price
Aug 19Tsuruha Holdings (TSE:3391) Will Be Hoping To Turn Its Returns On Capital Around
Aug 01Investors Can Find Comfort In Tsuruha Holdings' (TSE:3391) Earnings Quality
Jun 28Are Investors Undervaluing Tsuruha Holdings Inc. (TSE:3391) By 23%?
Jun 14Tsuruha Holdings (TSE:3391) Seems To Use Debt Quite Sensibly
May 27Tsuruha Holdings Inc. (TSE:3391) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Mar 24Tsuruha Holdings Inc.'s (TSE:3391) Popularity With Investors Is Under Threat From Overpricing
Feb 28Upcoming 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) | 3.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Retailing) | 1.6% |
| Analyst forecast (3391) (up to 3 years) | 3.9% |
Notable Dividend: 3391's dividend (3.63%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 3391's dividend (3.63%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), 3391's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.9%), 3391's dividend payments are not well covered by cash flows.