Rasa Industries Dividend
Dividend criteria checks 3/6
Rasa Industries is a dividend paying company with a current yield of 2.81% that is well covered by earnings.
Key information
2.8%
Dividend yield
48%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥257.52 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4022 has been paying a dividend for less than 10 years.
Growing Dividend: 4022's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Rasa Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (4022) | 2.8% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (4022) | n/a |
Notable Dividend: 4022's dividend (2.81%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 4022's dividend (2.81%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), 4022's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.5%), 4022's dividend payments are well covered by cash flows.