Moriroku Holdings Company Dividend
Dividend criteria checks 4/6
Moriroku Holdings Company is a dividend paying company with a current yield of 3.98% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.0%
Dividend yield
50%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥105.000 |
Earnings per share | JP¥206.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4249 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4249's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Moriroku Holdings Company Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (4249) | 4.0% |
Market Bottom 25% (JP) | 1.7% |
Market Top 25% (JP) | 3.5% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (4249) | n/a |
Notable Dividend: 4249's dividend (3.98%) is higher than the bottom 25% of dividend payers in the JP market (1.74%).
High Dividend: 4249's dividend (3.98%) is in the top 25% of dividend payers in the JP market (3.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), 4249's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.2%), 4249's dividend payments are well covered by cash flows.