Solasto Dividends and Buybacks
Dividend criteria checks 3/6
Solasto is a dividend paying company with a current yield of 4.21%. Next payment date is on 25th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.2%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 12.1% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Payout ratio | 306% |
Recent dividend and buyback updates
Recent updates
Investors Can Find Comfort In Solasto's (TSE:6197) Earnings Quality
Nov 19
Here's What Analysts Are Forecasting For Solasto Corporation (TSE:6197) After Its Interim Results
Nov 14Why Investors Shouldn't Be Surprised By Solasto Corporation's (TSE:6197) 29% Share Price Surge
Sep 04Solasto (TSE:6197) Will Pay A Dividend Of ¥10.00
Aug 13There May Be Reason For Hope In Solasto's (TSE:6197) Disappointing Earnings
May 21Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6197) | 4.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Healthcare) | 2.6% |
| Analyst forecast (6197) (up to 3 years) | 4.2% |
Notable Dividend: 6197's dividend (4.21%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 6197's dividend (4.21%) is in the top 25% of dividend payers in the JP market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (306.2%), 6197's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.5%), 6197's dividend payments are covered by cash flows.