Ray Dividend
Dividend criteria checks 4/6
Ray is a dividend paying company with a current yield of 2.54% that is well covered by earnings.
Key information
2.5%
Dividend yield
26%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥58.06 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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 20Stability 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) | 2.5% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Entertainment) | 2.0% |
Analyst forecast in 3 Years (4317) | n/a |
Notable Dividend: 4317's dividend (2.54%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 4317's dividend (2.54%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), 4317's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), 4317's dividend payments are well covered by cash flows.