Chugoku Marine Paints Dividends and Buybacks
Dividend criteria checks 5/6
Chugoku Marine Paints is a dividend paying company with a current yield of 3.44% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 6.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥85.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Chugoku Marine Paints, Ltd. (TSE:4617) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Nov 07
Additional Considerations Required While Assessing Chugoku Marine Paints' (TSE:4617) Strong Earnings
Aug 07Why Investors Shouldn't Be Surprised By Chugoku Marine Paints, Ltd.'s (TSE:4617) 31% Share Price Plunge
Aug 05Is Chugoku Marine Paints (TSE:4617) A Risky Investment?
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4617's dividends per share have been stable in the past 10 years.
Growing Dividend: 4617's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chugoku Marine Paints Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4617) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (4617) (up to 3 years) | 3.2% |
Notable Dividend: 4617's dividend (3.44%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4617's dividend (3.44%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.5%), 4617's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 4617's dividend payments are well covered by cash flows.