Solasto Dividend
Dividend criteria checks 3/6
Solasto is a dividend paying company with a current yield of 3.94%. Next payment date is on 27th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.9%
Dividend yield
-665%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥20.000 |
| Earnings per share | -JP¥3.04 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6197) | 3.9% |
| Market Bottom 25% (JP) | 1.9% |
| Market Top 25% (JP) | 3.9% |
| Industry Average (Healthcare) | 2.4% |
| Analyst forecast in 3 Years (6197) | 3.9% |
Notable Dividend: 6197's dividend (3.94%) is higher than the bottom 25% of dividend payers in the JP market (1.93%).
High Dividend: 6197's dividend (3.94%) is in the top 25% of dividend payers in the JP market (3.89%)
Earnings Payout to Shareholders
Earnings Coverage: 6197 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), 6197's dividend payments are well covered by cash flows.