Greenland Resort Company Limited

TSE:9656 Stock Report

Market Cap: JP¥6.3b

Greenland Resort Dividends and Buybacks

Dividend criteria checks 4/6

Greenland Resort is a dividend paying company with a current yield of 2.13% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.

Key information

2.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-2.2%
Next dividend pay date31 Mar 25
Ex dividend date27 Dec 24
Dividend per shareJP¥13.000
Payout ratio27%

Recent dividend and buyback updates

Recent updates

There's Reason For Concern Over Greenland Resort Company Limited's (TSE:9656) Price

Aug 06
There's Reason For Concern Over Greenland Resort Company Limited's (TSE:9656) Price

Upcoming Dividend Payment

TodayNov 19 2024Ex Dividend DateDec 27 2024Dividend Pay DateMar 31 202594 days from Ex DividendBuy in the next 37 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 9656's dividend payments have been volatile in the past 10 years.

Growing Dividend: 9656's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Greenland Resort Dividend Yield vs Market
How does 9656 dividend yield compare to the market?
SegmentDividend Yield
Company (9656)2.1%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Hospitality)0.8%
Analyst forecast (9656) (up to 3 years)n/a

Notable Dividend: 9656's dividend (2.13%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).

High Dividend: 9656's dividend (2.13%) is low compared to the top 25% of dividend payers in the JP market (3.8%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.3%), 9656's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.1%), 9656's dividend payments are well covered by cash flows.


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