Premium Water HoldingsInc Dividend
Dividend criteria checks 3/6
Premium Water HoldingsInc is a dividend paying company with a current yield of 3.1% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.1%
Dividend yield
36%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 20 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥90.000 |
Earnings per share | JP¥218.54 |
Dividend yield forecast | n/a |
Recent dividend updates
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
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 12There May Be Some Bright Spots In Premium Water HoldingsInc's (TSE:2588) Earnings
May 21Upcoming Dividend Payment
Stability 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 2 years.
Dividend Yield vs Market
Premium Water HoldingsInc Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2588) | 3.1% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Beverage) | 2.4% |
Analyst forecast (2588) (up to 3 years) | n/a |
Notable Dividend: 2588's dividend (3.1%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2588's dividend (3.1%) is low compared to the top 25% of dividend payers in the JP market (3.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 2588's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), 2588's dividend payments are well covered by cash flows.