Hayashikane SangyoLtd Dividends and Buybacks
Dividend criteria checks 2/6
Hayashikane SangyoLtd is a dividend paying company with a current yield of 3.24% that is well covered by earnings.
Key information
3.2%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥15.000 |
| Payout ratio | 35% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2286 has been paying a dividend for less than 10 years.
Growing Dividend: 2286's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Hayashikane SangyoLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2286) | 3.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Food) | 2.5% |
| Analyst forecast (2286) (up to 3 years) | n/a |
Notable Dividend: 2286's dividend (3.24%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 2286's dividend (3.24%) is low compared to the top 25% of dividend payers in the JP market (3.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), 2286's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2286 is paying a dividend but the company has no free cash flows.