Chuetsu Pulp & Paper Dividend
Dividend criteria checks 5/6
Chuetsu Pulp & Paper is a dividend paying company with a current yield of 4% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.0%
Dividend yield
20%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥60.000 |
| Earnings per share | JP¥285.80 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3877's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chuetsu Pulp & Paper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3877) | 4.0% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (Forestry) | 2.9% |
| Analyst forecast in 3 Years (3877) | n/a |
Notable Dividend: 3877's dividend (4%) is higher than the bottom 25% of dividend payers in the JP market (1.7%).
High Dividend: 3877's dividend (4%) is in the top 25% of dividend payers in the JP market (3.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), 3877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), 3877's dividend payments are thoroughly covered by cash flows.