Rion Dividend
Dividend criteria checks 3/6
Rion is a dividend paying company with a current yield of 2.2% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.2%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥55.000 |
| Earnings per share | JP¥210.32 |
| Future Dividend Yield | 3.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6823's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6823's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Rion Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6823) | 2.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Medical Equipment) | 1.0% |
| Analyst forecast (6823) (up to 3 years) | 3.5% |
Notable Dividend: 6823's dividend (2.2%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 6823's dividend (2.2%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), 6823's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (408.2%), 6823's dividend payments are not well covered by cash flows.