Kanamic NetworkLTD Dividend
Dividend criteria checks 2/6
Kanamic NetworkLTD is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
32%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥16.96 |
| Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3939 has been paying a dividend for less than 10 years.
Growing Dividend: 3939's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Kanamic NetworkLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3939) | 1.3% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Healthcare Services) | 1.0% |
| Analyst forecast in 3 Years (3939) | 2.0% |
Notable Dividend: 3939's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 3939's dividend (1.26%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 3939's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.1%), 3939's dividend payments are well covered by cash flows.