MODEC Dividend
Dividend criteria checks 4/6
MODEC is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 28th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.0%
Dividend yield
11%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 28 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥60.000 |
| Earnings per share | JP¥440.69 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
MODEC (TSE:6269) Will Pay A Dividend Of ¥30.00
Aug 11
Investors Don't See Light At End Of MODEC, Inc.'s (TSE:6269) Tunnel And Push Stock Down 30%
Aug 06Forecast: Analysts Think MODEC, Inc.'s (TSE:6269) Business Prospects Have Improved Drastically
Jun 28MODEC (TSE:6269) Has A Pretty Healthy Balance Sheet
Apr 09MODEC, Inc.'s (TSE:6269) Shares Climb 30% But Its Business Is Yet to Catch Up
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6269's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6269's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MODEC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6269) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Energy Services) | 2.8% |
| Analyst forecast in 3 Years (6269) | 1.8% |
Notable Dividend: 6269's dividend (2%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 6269's dividend (2%) is low compared to the top 25% of dividend payers in the JP market (3.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), 6269's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.1%), 6269's dividend payments are thoroughly covered by cash flows.