Brass Dividend
Dividend criteria checks 1/6
Brass is a dividend paying company with a current yield of 1.14% that is well covered by earnings. Next payment date is on 26th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.1%
Dividend yield
10%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 26 Oct 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥59.23 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2424's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2424's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Brass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2424) | 1.1% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Services) | 2.2% |
| Analyst forecast in 3 Years (2424) | 1.1% |
Notable Dividend: 2424's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 2424's dividend (1.14%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.2%), 2424's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2424 is paying a dividend but the company has no free cash flows.