Kanto Denka Kogyo Dividend
Dividend criteria checks 1/6
Kanto Denka Kogyo is a dividend paying company with a current yield of 1.65%. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.7%
Dividend yield
-26%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥16.000 |
| Earnings per share | -JP¥54.57 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28
Kanto Denka Kogyo (TSE:4047) Has Announced That It Will Be Increasing Its Dividend To ¥8.00
Aug 13Kanto Denka Kogyo (TSE:4047) Is Paying Out A Larger Dividend Than Last Year
Jul 26Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Recent updates
Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Kanto Denka Kogyo (TSE:4047) Has Announced That It Will Be Increasing Its Dividend To ¥8.00
Aug 13Kanto Denka Kogyo (TSE:4047) Is Paying Out A Larger Dividend Than Last Year
Jul 26Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Kanto Denka Kogyo (TSE:4047) Could Be Struggling To Allocate Capital
Mar 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4047's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4047's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kanto Denka Kogyo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4047) | 1.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Chemicals) | 2.3% |
| Analyst forecast in 3 Years (4047) | 1.7% |
Notable Dividend: 4047's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4047's dividend (1.65%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: 4047 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (379.9%), 4047's dividend payments are not well covered by cash flows.