M3 Dividend
Dividend criteria checks 4/6
M3 is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
31%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥66.67 |
Dividend yield forecast in 3Y | 1.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2413's dividends per share have been stable in the past 10 years.
Growing Dividend: 2413's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
M3 Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2413) | 1.4% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Healthcare Services) | 1.3% |
Analyst forecast in 3 Years (2413) | 1.7% |
Notable Dividend: 2413's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.71%).
High Dividend: 2413's dividend (1.4%) is low compared to the top 25% of dividend payers in the JP market (3.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 2413's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), 2413's dividend payments are well covered by cash flows.