IID is a dividend paying company with a current yield of 1.71% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
1.7%
Dividend yield
27%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
30 Sep 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
JP¥44.69
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6038's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6038's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
IID Dividend Yield vs Market
How does 6038 dividend yield compare to the market?
Segment
Dividend Yield
Company (6038)
1.7%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Media)
2.2%
Analyst forecast in 3 Years (6038)
n/a
Notable Dividend: 6038's dividend (1.71%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6038's dividend (1.71%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27%), 6038's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.6%), 6038's dividend payments are thoroughly covered by cash flows.