RentracksLTD Dividend
Dividend criteria checks 2/6
RentracksLTD is a dividend paying company with a current yield of 2.34%.
Key information
2.3%
Dividend yield
550%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥3.82 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6045 has been paying a dividend for less than 10 years.
Growing Dividend: 6045's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
RentracksLTD Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6045) | 2.3% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Media) | 2.2% |
Analyst forecast in 3 Years (6045) | n/a |
Notable Dividend: 6045's dividend (2.34%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 6045's dividend (2.34%) is low compared to the top 25% of dividend payers in the JP market (3.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (549.9%), 6045's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), 6045's dividend payments are well covered by cash flows.