SPRIX Dividend
Dividend criteria checks 3/6
SPRIX is a dividend paying company with a current yield of 4.93%. Next payment date is on 25th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.9%
Dividend yield
109%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 25 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥38.000 |
| Earnings per share | JP¥34.63 |
| Dividend yield forecast in 3Y | 4.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7030 has been paying a dividend for less than 10 years.
Growing Dividend: 7030's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| SPRIX Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7030) | 4.9% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Consumer Services) | 2.8% |
| Analyst forecast in 3 Years (7030) | 4.9% |
Notable Dividend: 7030's dividend (4.93%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 7030's dividend (4.93%) is in the top 25% of dividend payers in the JP market (3.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.4%), 7030's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.6%), 7030's dividend payments are covered by cash flows.