Kitanotatsujin Dividend
Dividend criteria checks 1/6
Kitanotatsujin is a dividend paying company with a current yield of 1.35% that is well covered by earnings. Next payment date is on 11th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
1.3%
Dividend yield
24%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 11 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | JP¥2.300 |
| Earnings per share | JP¥9.23 |
| Dividend yield forecast in 3Y | 1.8% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2930 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2930 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Kitanotatsujin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2930) | 1.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Personal Products) | 2.1% |
| Analyst forecast in 3 Years (2930) | 1.8% |
Notable Dividend: 2930's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2930's dividend (1.35%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), 2930's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106%), 2930's dividend payments are not well covered by cash flows.