Wellnet Dividend
Dividend criteria checks 2/6
Wellnet is a dividend paying company with a current yield of 3.37% 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
3.4%
Dividend yield
43%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | 22 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥39.45 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Wellnet (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 23Recent updates
Wellnet (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 5 years, and since then payments have fallen.
Dividend Yield vs Market
Wellnet Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2428) | 3.4% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Diversified Financial) | 2.9% |
Analyst forecast in 3 Years (2428) | n/a |
Notable Dividend: 2428's dividend (3.37%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 2428's dividend (3.37%) is low compared to the top 25% of dividend payers in the JP market (3.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), 2428's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2428 is paying a dividend but the company has no free cash flows.