Proto Dividend
Dividend criteria checks 5/6
Proto is a dividend paying company with a current yield of 3.44% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 20 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Earnings per share | JP¥130.54 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Proto (TSE:4298) Has Announced A Dividend Of ¥25.00
Aug 29
Proto's (TSE:4298) Dividend Will Be ¥25.00
Aug 09Proto's (TSE:4298) Dividend Will Be ¥25.00
Jul 26Proto (TSE:4298) Is Due To Pay A Dividend Of ¥25.00
Jul 12Proto (TSE:4298) Is Increasing Its Dividend To ¥25.00
Mar 19Recent updates
Proto (TSE:4298) Has Announced A Dividend Of ¥25.00
Aug 29Proto's (TSE:4298) Dividend Will Be ¥25.00
Aug 09Proto Corporation Just Beat Revenue Estimates By 8.0%
Aug 08Proto's (TSE:4298) Dividend Will Be ¥25.00
Jul 26Proto (TSE:4298) Is Due To Pay A Dividend Of ¥25.00
Jul 12Proto (TSE:4298) Is Increasing Its Dividend To ¥25.00
Mar 19Proto (TSE:4298) Has Announced A Dividend Of ¥17.50
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4298's dividends per share have been stable in the past 10 years.
Growing Dividend: 4298's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Proto Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4298) | 3.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Media) | 2.3% |
| Analyst forecast in 3 Years (4298) | 3.6% |
Notable Dividend: 4298's dividend (3.44%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4298's dividend (3.44%) is low compared to the top 25% of dividend payers in the JP market (3.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 4298's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.4%), 4298's dividend payments are covered by cash flows.