Asahi Kasei Dividend
Dividend criteria checks 5/6
Asahi Kasei is a dividend paying company with a current yield of 3.53% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.5%
Dividend yield
73%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 04 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥36.000 |
Earnings per share | JP¥49.28 |
Dividend yield forecast | 3.7% |
Recent dividend updates
Recent updates
An Intrinsic Calculation For Asahi Kasei Corporation (TSE:3407) Suggests It's 48% Undervalued
Sep 10Is Asahi Kasei (TSE:3407) Using Too Much Debt?
Aug 21Asahi Kasei Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 02The Returns On Capital At Asahi Kasei (TSE:3407) Don't Inspire Confidence
Jul 27We Think Asahi Kasei's (TSE:3407) Robust Earnings Are Conservative
Jul 03Asahi Kasei Corporation's (TSE:3407) Price In Tune With Revenues
Jun 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3407's dividends per share have been stable in the past 10 years.
Growing Dividend: 3407's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Asahi Kasei Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3407) | 3.5% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.8% |
Industry Average (Chemicals) | 2.4% |
Analyst forecast (3407) (up to 3 years) | 3.7% |
Notable Dividend: 3407's dividend (3.53%) is higher than the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 3407's dividend (3.53%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.1%), 3407's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.1%), 3407's dividend payments are well covered by cash flows.