Meiko Network Japan Dividend
Dividend criteria checks 3/6
Meiko Network Japan is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.3%
Dividend yield
45%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 20 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥26.61 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4668's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4668's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Meiko Network Japan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4668) | 3.3% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Consumer Services) | 2.2% |
| Analyst forecast in 3 Years (4668) | 5.0% |
Notable Dividend: 4668's dividend (3.33%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 4668's dividend (3.33%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 4668's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.9%), 4668's dividend payments are not well covered by cash flows.