Brass Dividend
Dividend criteria checks 1/6
Brass is a dividend paying company with a current yield of 1.41% that is well covered by earnings.
Key information
1.4%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥8.000 |
| Earnings per share | JP¥51.70 |
| Dividend yield forecast | 1.4% |
Recent dividend updates
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) | 1.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Services) | 2.7% |
| Analyst forecast (2424) (up to 3 years) | 1.4% |
Notable Dividend: 2424's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 2424's dividend (1.41%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), 2424's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2424 is paying a dividend but the company has no free cash flows.