Ray Dividends and Buybacks
Dividend criteria checks 4/6
Ray is a dividend paying company with a current yield of 2.34% that is well covered by earnings. Next payment date is on 30th May, 2025 with an ex-dividend date of 27th February, 2025.
Key information
2.3%
Dividend yield
5.2%
Buyback Yield
| Total Shareholder Yield | 7.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | 30 May 25 |
| Ex dividend date | 27 Feb 25 |
| Dividend per share | JP¥10.000 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Ray (TSE:4317) Has Some Way To Go To Become A Multi-Bagger
Aug 13
Little Excitement Around Ray Corporation's (TSE:4317) Earnings As Shares Take 25% Pounding
Apr 22Read This Before Buying Ray Corporation (TYO:4317) For Its Dividend
Apr 18Ray's (TYO:4317) Shareholders Are Down 47% On Their Shares
Feb 23Ray (TYO:4317) Has Debt But No Earnings; Should You Worry?
Jan 11Three Things You Should Check Before Buying Ray Corporation (TYO:4317) For Its Dividend
Nov 20
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4317's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4317's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ray Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4317) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Entertainment) | 1.5% |
| Analyst forecast (4317) (up to 3 years) | n/a |
Notable Dividend: 4317's dividend (2.34%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4317's dividend (2.34%) is low compared to the top 25% of dividend payers in the JP market (3.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), 4317's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), 4317's dividend payments are thoroughly covered by cash flows.