Premium Water HoldingsInc Dividends and Buybacks
Dividend criteria checks 3/6
Premium Water HoldingsInc is a dividend paying company with a current yield of 2.98% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 66.3% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥95.000 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Premium Water HoldingsInc's (TSE:2588) Dividend Will Be ¥45.00
Sep 20
Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Sep 06Premium Water HoldingsInc (TSE:2588) Is Due To Pay A Dividend Of ¥45.00
Aug 23Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Aug 09Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Jul 26Premium Water HoldingsInc (TSE:2588) Has Announced A Dividend Of ¥45.00
Jul 12Recent updates
Why Premium Water HoldingsInc's (TSE:2588) Earnings Are Better Than They Seem
Nov 20Premium Water HoldingsInc's (TSE:2588) Dividend Will Be ¥45.00
Sep 20Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Sep 06Premium Water HoldingsInc (TSE:2588) Is Due To Pay A Dividend Of ¥45.00
Aug 23Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Aug 09Premium Water HoldingsInc (TSE:2588) Will Pay A Dividend Of ¥45.00
Jul 26Premium Water HoldingsInc (TSE:2588) Has Announced A Dividend Of ¥45.00
Jul 12There May Be Some Bright Spots In Premium Water HoldingsInc's (TSE:2588) Earnings
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2588 has been paying a dividend for less than 10 years.
Growing Dividend: 2588's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Premium Water HoldingsInc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2588) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Beverage) | 2.5% |
| Analyst forecast (2588) (up to 3 years) | n/a |
Notable Dividend: 2588's dividend (2.98%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2588's dividend (2.98%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 2588's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), 2588's dividend payments are well covered by cash flows.