Asante Dividend
Dividend criteria checks 2/6
Asante is a dividend paying company with a current yield of 3.72%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
113%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥62.000 |
| Earnings per share | JP¥54.94 |
| Dividend yield forecast in 3Y | 3.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6073 has been paying a dividend for less than 10 years.
Growing Dividend: 6073's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Asante Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6073) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Consumer Services) | 2.7% |
| Analyst forecast in 3 Years (6073) | 3.7% |
Notable Dividend: 6073's dividend (3.72%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 6073's dividend (3.72%) is in the top 25% of dividend payers in the JP market (3.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (112.7%), 6073's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.3%), 6073's dividend payments are not well covered by cash flows.