Japan Pure ChemicalLtd Dividends and Buybacks
Dividend criteria checks 1/6
Japan Pure ChemicalLtd is a dividend paying company with a current yield of 3.7%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.7%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | n/a |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥126.000 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 4973's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 4973's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Japan Pure ChemicalLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4973) | 3.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Chemicals) | 2.5% |
| Analyst forecast (4973) (up to 3 years) | 4.7% |
Notable Dividend: 4973's dividend (3.7%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4973's dividend (3.7%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 4973's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (201.2%), 4973's dividend payments are not well covered by cash flows.