Townnews-ShaLtd Dividend

Dividend criteria checks 2/6

Townnews-ShaLtd is a dividend paying company with a current yield of 2.35%. Next payment date is on 30th September, 2024 with an ex-dividend date of 27th June, 2024.

Key information

2.4%

Dividend yield

n/a

Payout ratio

Industry average yield2.3%
Next dividend pay date30 Sep 24
Ex dividend date27 Jun 24
Dividend per sharen/a
Earnings per shareJP¥83.87
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Here's What's Concerning About Townnews-ShaLtd's (TYO:2481) Returns On Capital

Apr 24
Here's What's Concerning About Townnews-ShaLtd's (TYO:2481) Returns On Capital

Upcoming Dividend Payment

TodayJun 19 2024Ex Dividend DateJun 27 2024Dividend Pay DateSep 30 202495 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 2481 has been paying a dividend for less than 10 years.

Growing Dividend: 2481's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Townnews-ShaLtd Dividend Yield vs Market
How does 2481 dividend yield compare to the market?
SegmentDividend Yield
Company (2481)2.4%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.5%
Industry Average (Media)2.3%
Analyst forecast in 3 Years (2481)n/a

Notable Dividend: 2481's dividend (2.35%) is higher than the bottom 25% of dividend payers in the JP market (1.7%).

High Dividend: 2481's dividend (2.35%) is low compared to the top 25% of dividend payers in the JP market (3.46%).


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate 2481's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (24.2%), 2481's dividend payments are well covered by cash flows.


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