cottaLTD Dividends and Buybacks
Dividend criteria checks 5/6
cottaLTD is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.0%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 4.0% |
| Next dividend pay date | 23 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥8.000 |
| Payout ratio | 20% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3359's dividends per share have been stable in the past 10 years.
Growing Dividend: 3359's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| cottaLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3359) | 2.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Packaging) | 3.2% |
| Analyst forecast (3359) (up to 3 years) | 2.0% |
Notable Dividend: 3359's dividend (2%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3359's dividend (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 (20.3%), 3359's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.5%), 3359's dividend payments are well covered by cash flows.