Innovation Dividends and Buybacks
Dividend criteria checks 2/6
Innovation is a dividend paying company with a current yield of 3.54% that is well covered by earnings. Next payment date is on 11th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
3.5%
Dividend yield
-1.8%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 37.3% |
| Next dividend pay date | 11 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥40.000 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3970 has been paying a dividend for less than 10 years.
Growing Dividend: 3970's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Innovation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3970) | 3.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Interactive Media and Services) | 1.5% |
| Analyst forecast (3970) (up to 3 years) | n/a |
Notable Dividend: 3970's dividend (3.54%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3970's dividend (3.54%) is low compared to the top 25% of dividend payers in the JP market (3.84%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.5%), 3970's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 3970's cash payout ratio to determine if its dividend payments are covered by cash flows.