Riken Technos Dividend
Dividend criteria checks 4/6
Riken Technos is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
25%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 29 Nov 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥34.000 |
Earnings per share | JP¥138.08 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4220's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4220's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Riken Technos Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (4220) | 3.4% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (4220) | 4.0% |
Notable Dividend: 4220's dividend (3.36%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4220's dividend (3.36%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 4220's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.9%), 4220's dividend payments are well covered by cash flows.