Arakawa Chemical Industries Dividend
Dividend criteria checks 4/6
Arakawa Chemical Industries is a dividend paying company with a current yield of 3.72% 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
3.7%
Dividend yield
89%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | JP¥48.000 |
Earnings per share | JP¥53.99 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Arakawa Chemical Industries (TSE:4968) Will Pay A Dividend Of ¥24.00
Jul 26Arakawa Chemical Industries (TSE:4968) Has Announced A Dividend Of ¥24.00
Jul 11Arakawa Chemical Industries (TSE:4968) Is Paying Out A Dividend Of ¥24.00
Mar 12Arakawa Chemical Industries (TSE:4968) Has Affirmed Its Dividend Of ¥24.00
Feb 27Recent updates
Arakawa Chemical Industries' (TSE:4968) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 09Arakawa Chemical Industries (TSE:4968) Will Pay A Dividend Of ¥24.00
Jul 26Arakawa Chemical Industries (TSE:4968) Has Announced A Dividend Of ¥24.00
Jul 11Arakawa Chemical Industries (TSE:4968) Is Paying Out A Dividend Of ¥24.00
Mar 12Arakawa Chemical Industries (TSE:4968) Has Affirmed Its Dividend Of ¥24.00
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4968's dividends per share have been stable in the past 10 years.
Growing Dividend: 4968's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Arakawa Chemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (4968) | 3.7% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (4968) | 3.7% |
Notable Dividend: 4968's dividend (3.72%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4968's dividend (3.72%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.9%), 4968's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 4968 is paying a dividend but the company has no free cash flows.