Dainichiseika Color & Chemicals Mfg Dividend
Dividend criteria checks 5/6
Dainichiseika Color & Chemicals Mfg is a dividend paying company with a current yield of 4.24% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.2%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥132.000 |
| Earnings per share | JP¥209.95 |
| Dividend yield forecast | n/a |
Recent dividend updates
Dainichiseika Color & Chemicals Mfg's (TSE:4116) Dividend Will Be ¥40.00
Mar 21
Dainichiseika Color & Chemicals Mfg (TSE:4116) Has Affirmed Its Dividend Of ¥40.00
Feb 27Recent updates
These Return Metrics Don't Make Dainichiseika Color & Chemicals Mfg (TSE:4116) Look Too Strong
Aug 06Dainichiseika Color & Chemicals Mfg's (TSE:4116) Profits May Not Reveal Underlying Issues
May 22Dainichiseika Color & Chemicals Mfg's (TSE:4116) Dividend Will Be ¥40.00
Mar 21Dainichiseika Color & Chemicals Mfg (TSE:4116) Has Affirmed Its Dividend Of ¥40.00
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4116's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4116's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dainichiseika Color & Chemicals Mfg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4116) | 4.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Chemicals) | 2.7% |
| Analyst forecast (4116) (up to 3 years) | n/a |
Notable Dividend: 4116's dividend (4.24%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 4116's dividend (4.24%) is in the top 25% of dividend payers in the JP market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 4116's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), 4116's dividend payments are covered by cash flows.