Hokko Chemical Industry Dividend
Dividend criteria checks 5/6
Hokko Chemical Industry is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 13th August, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.0%
Dividend yield
19%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 13 Aug 24 |
Ex dividend date | 30 May 24 |
Dividend per share | n/a |
Earnings per share | JP¥123.70 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4992's dividends per share have been stable in the past 10 years.
Growing Dividend: 4992's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hokko Chemical Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4992) | 2.0% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (4992) | 2.0% |
Notable Dividend: 4992's dividend (2%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 4992's dividend (2%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 4992's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), 4992's dividend payments are well covered by cash flows.