Rengo Dividends and Buybacks
Dividend criteria checks 5/6
Rengo is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 3.9% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥30.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Rengo's (TSE:3941) Returns Have Hit A Wall
Oct 21
Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) Earnings
Aug 29Returns On Capital At Rengo (TSE:3941) Have Hit The Brakes
Jun 28Does Rengo (TSE:3941) Have A Healthy Balance Sheet?
Apr 22Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share Price
Mar 28Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For Excitement
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3941's dividends per share have been stable in the past 10 years.
Growing Dividend: 3941's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Rengo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3941) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Packaging) | 3.2% |
| Analyst forecast (3941) (up to 3 years) | 4.0% |
Notable Dividend: 3941's dividend (3.36%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 3941's dividend (3.36%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.2%), 3941's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), 3941's dividend payments are well covered by cash flows.