Elan Dividend
Dividend criteria checks 2/6
Elan is a dividend paying company with a current yield of 1.41% that is well covered by earnings. Next payment date is on 25th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
1.4%
Dividend yield
30%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 25 Mar 25 |
Ex dividend date | 27 Dec 24 |
Dividend per share | JP¥14.000 |
Earnings per share | JP¥42.85 |
Dividend yield forecast | 2.1% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6099 has been paying a dividend for less than 10 years.
Growing Dividend: 6099's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Elan Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6099) | 1.4% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Healthcare) | 2.3% |
Analyst forecast (6099) (up to 3 years) | 2.1% |
Notable Dividend: 6099's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 6099's dividend (1.41%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 6099's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63%), 6099's dividend payments are covered by cash flows.