RIDE ON EXPRESS HOLDINGS Dividends and Buybacks
Dividend criteria checks 3/6
RIDE ON EXPRESS HOLDINGS is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Next payment date is on 27th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
1.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 9.8% |
| Next dividend pay date | 27 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥15.000 |
| Payout ratio | 60% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6082's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6082's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| RIDE ON EXPRESS HOLDINGS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6082) | 1.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Hospitality) | 0.8% |
| Analyst forecast (6082) (up to 3 years) | 1.5% |
Notable Dividend: 6082's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6082's dividend (1.5%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), 6082's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 6082's dividend payments are thoroughly covered by cash flows.