Asahipen Corporation

TSE:4623 Stock Report

Market Cap: JP¥6.0b

Asahipen Dividends and Buybacks

Dividend criteria checks 5/6

Asahipen is a dividend paying company with a current yield of 3.47% 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

3.5%

Dividend yield

3.5%

Buyback Yield

Total Shareholder Yield7.0%
Future Dividend Yieldn/a
Dividend Growth-0.1%
Next dividend pay date03 Dec 24
Ex dividend date27 Sep 24
Dividend per shareJP¥60.000
Payout ratio18%

Recent dividend and buyback updates

Recent updates

We Think You Can Look Beyond Asahipen's (TSE:4623) Lackluster Earnings

Aug 06
We Think You Can Look Beyond Asahipen's (TSE:4623) Lackluster Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 4623's dividends per share have been stable in the past 10 years.

Growing Dividend: 4623's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

Asahipen Dividend Yield vs Market
How does 4623 dividend yield compare to the market?
SegmentDividend Yield
Company (4623)3.5%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Chemicals)2.4%
Analyst forecast (4623) (up to 3 years)n/a

Notable Dividend: 4623's dividend (3.47%) is higher than the bottom 25% of dividend payers in the JP market (1.8%).

High Dividend: 4623's dividend (3.47%) is low compared to the top 25% of dividend payers in the JP market (3.77%).

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.7%), 4623's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.2%), 4623's dividend payments are well covered by cash flows.

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