Cocolonet Dividends and Buybacks
Dividend criteria checks 4/6
Cocolonet is a dividend paying company with a current yield of 3.2% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥30.000 |
| Payout ratio | 24% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6060's dividends per share have been stable in the past 10 years.
Growing Dividend: 6060's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Cocolonet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6060) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Consumer Services) | 2.8% |
| Analyst forecast (6060) (up to 3 years) | n/a |
Notable Dividend: 6060's dividend (3.2%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6060's dividend (3.2%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), 6060's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), 6060's dividend payments are well covered by cash flows.