Wellnet Dividend
Dividend criteria checks 4/6
Wellnet is a dividend paying company with a current yield of 3.83% that is well covered by earnings. Next payment date is on 22nd September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.8%
Dividend yield
55%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 22 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥30.50 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2428's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2428's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Wellnet Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2428) | 3.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Diversified Financial) | 3.0% |
Analyst forecast in 3 Years (2428) | n/a |
Notable Dividend: 2428's dividend (3.83%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2428's dividend (3.83%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.2%), 2428's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2428 is paying a dividend but the company has no free cash flows.