ASO International Dividend
Dividend criteria checks 3/6
ASO International is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.6%
Dividend yield
30%
Payout ratio
Industry average yield | 0.9% |
Next dividend pay date | 30 Sep 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | JP¥70.78 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9340's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9340's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
ASO International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9340) | 2.6% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Medical Equipment) | 0.9% |
Analyst forecast in 3 Years (9340) | n/a |
Notable Dividend: 9340's dividend (2.59%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 9340's dividend (2.59%) is low compared to the top 25% of dividend payers in the JP market (3.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 9340's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 9340's dividend payments are well covered by cash flows.