Planet Dividend
Dividend criteria checks 2/6
Planet is a dividend paying company with a current yield of 1.73%. Next payment date is on 25th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
1.7%
Dividend yield
n/a
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥67.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Has Planet (TYO:2391) Got What It Takes To Become A Multi-Bagger?
Feb 17
Planet, Inc. (TYO:2391) On An Uptrend: Could Fundamentals Be Driving The Stock?
Jan 22
What Type Of Returns Would Planet's(TYO:2391) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 26Estimating The Intrinsic Value Of Planet, Inc. (TYO:2391)
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2391's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2391's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Planet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2391) | 1.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Interactive Media and Services) | 1.6% |
| Analyst forecast in 3 Years (2391) | n/a |
Notable Dividend: 2391's dividend (1.73%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 2391's dividend (1.73%) is low compared to the top 25% of dividend payers in the JP market (3.24%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 2391's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), 2391's dividend payments are well covered by cash flows.