Hayashikane Sangyo Co.,Ltd.

TSE:2286 Stock Report

Market Cap: JP¥4.5b

Hayashikane SangyoLtd Dividend

Dividend criteria checks 3/6

Hayashikane SangyoLtd is a dividend paying company with a current yield of 2.9% that is well covered by earnings.

Key information

2.9%

Dividend yield

13%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareJP¥86.78
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Solid Earnings Reflect Hayashikane SangyoLtd's (TSE:2286) Strength As A Business

May 22
Solid Earnings Reflect Hayashikane SangyoLtd's (TSE:2286) Strength As A Business

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 7 years.


Dividend Yield vs Market

Hayashikane SangyoLtd Dividend Yield vs Market
How does 2286 dividend yield compare to the market?
SegmentDividend Yield
Company (2286)2.9%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.4%
Industry Average (Food)1.9%
Analyst forecast in 3 Years (2286)n/a

Notable Dividend: 2286's dividend (2.9%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).

High Dividend: 2286's dividend (2.9%) is low compared to the top 25% of dividend payers in the JP market (3.37%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.1%), 2286's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (4.3%), 2286's dividend payments are thoroughly covered by cash flows.


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