Solasto Dividend
Dividend criteria checks 4/6
Solasto is a dividend paying company with a current yield of 4.29% that is well covered by earnings.
Key information
4.3%
Dividend yield
83%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥24.48 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6197 has been paying a dividend for less than 10 years.
Growing Dividend: 6197's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Solasto Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6197) | 4.3% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.4% |
Industry Average (Healthcare) | 2.3% |
Analyst forecast in 3 Years (6197) | 4.3% |
Notable Dividend: 6197's dividend (4.29%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6197's dividend (4.29%) is in the top 25% of dividend payers in the JP market (3.4%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83%), 6197's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.4%), 6197's dividend payments are well covered by cash flows.