DIC Dividends and Buybacks

Dividend criteria checks 3/6

DIC is a dividend paying company with a current yield of 2.36%. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.

Key information

2.4%

Dividend yield

-0.03%

Buyback Yield

Total Shareholder Yield2.3%
Future Dividend Yield3.5%
Dividend Growth3.1%
Next dividend pay date31 Mar 25
Ex dividend date27 Dec 24
Dividend per shareJP¥80.000
Payout ratio-29%

Recent dividend and buyback updates

Recent updates

Does DIC (TSE:4631) Have A Healthy Balance Sheet?

Oct 18
Does DIC (TSE:4631) Have A Healthy Balance Sheet?

DIC (TSE:4631) May Have Issues Allocating Its Capital

Sep 24
DIC (TSE:4631) May Have Issues Allocating Its Capital

DIC Corporation (TSE:4631) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Sep 04
DIC Corporation (TSE:4631) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

DIC Corporation's (TSE:4631) Intrinsic Value Is Potentially 23% Below Its Share Price

Aug 30
DIC Corporation's (TSE:4631) Intrinsic Value Is Potentially 23% Below Its Share Price

DIC (TSE:4631) Use Of Debt Could Be Considered Risky

Jul 15
DIC (TSE:4631) Use Of Debt Could Be Considered Risky

DIC's (TSE:4631) Dividend Will Be ¥50.00

Jun 24
DIC's (TSE:4631) Dividend Will Be ¥50.00

DIC Corporation's (TSE:4631) Share Price Could Signal Some Risk

Jun 21
DIC Corporation's (TSE:4631) Share Price Could Signal Some Risk

DIC (TSE:4631) Has Affirmed Its Dividend Of ¥50.00

May 22
DIC (TSE:4631) Has Affirmed Its Dividend Of ¥50.00

DIC (TSE:4631) Will Pay A Dividend Of ¥50.00

Apr 26
DIC (TSE:4631) Will Pay A Dividend Of ¥50.00

DIC (TSE:4631) Will Pay A Dividend Of ¥50.00

Apr 11
DIC (TSE:4631) Will Pay A Dividend Of ¥50.00

Here's What's Concerning About DIC's (TSE:4631) Returns On Capital

Apr 02
Here's What's Concerning About DIC's (TSE:4631) Returns On Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 4631's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4631's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

DIC Dividend Yield vs Market
How does 4631 dividend yield compare to the market?
SegmentDividend Yield
Company (4631)2.4%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Chemicals)2.5%
Analyst forecast (4631) (up to 3 years)3.5%

Notable Dividend: 4631's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).

High Dividend: 4631's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.75%).


Earnings Payout to Shareholders

Earnings Coverage: 4631 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.4%), 4631's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 03:58
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DIC Corporation is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takao KanaiCitigroup Global Markets Japan Inc.
Takao KanaiCitigroup Inc
Shinobu TakeuchiDaiwa Securities Co. Ltd.