Hokuetsu Dividend
Dividend criteria checks 4/6
Hokuetsu is a dividend paying company with a current yield of 1.35% that is well covered by earnings.
Key information
1.4%
Dividend yield
26%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥69.52 |
Dividend yield forecast in 3Y | 1.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3865's dividends per share have been stable in the past 10 years.
Growing Dividend: 3865's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hokuetsu Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (3865) | 1.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Forestry) | 2.1% |
Analyst forecast in 3 Years (3865) | 1.7% |
Notable Dividend: 3865's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 3865's dividend (1.35%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), 3865's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.4%), 3865's dividend payments are covered by cash flows.