Wavelock Holdings Dividend
Dividend criteria checks 3/6
Wavelock Holdings is a dividend paying company with a current yield of 4.37% that is well covered by earnings.
Key information
4.4%
Dividend yield
47%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥64.01 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7940 has been paying a dividend for less than 10 years.
Growing Dividend: 7940's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Wavelock Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7940) | 4.4% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (7940) | n/a |
Notable Dividend: 7940's dividend (4.37%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 7940's dividend (4.37%) is in the top 25% of dividend payers in the JP market (3.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 7940's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7940 is paying a dividend but the company has no free cash flows.