Wellnet Dividends and Buybacks
Dividend criteria checks 3/6
Wellnet is a dividend paying company with a current yield of 3.03% that is well covered by earnings.
Key information
3.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥26.460 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Jun 19
Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
May 24Wellnet's (TSE:2428) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Apr 26Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
Mar 23Recent updates
Market Participants Recognise Wellnet Corporation's (TSE:2428) Earnings Pushing Shares 25% Higher
Aug 31Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Jun 19Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
May 24Wellnet's (TSE:2428) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Apr 26Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
Mar 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2428 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2428 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Wellnet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2428) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Diversified Financial) | 3.2% |
| Analyst forecast (2428) (up to 3 years) | n/a |
Notable Dividend: 2428's dividend (3.03%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2428's dividend (3.03%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), 2428's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.9%), 2428's dividend payments are well covered by cash flows.