Zenken is a dividend paying company with a current yield of 3.28% that is well covered by earnings. Next payment date is on 11th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.3%
Dividend yield
80%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
11 Sep 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
JP¥25.05
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7371 has been paying a dividend for less than 10 years.
Growing Dividend: 7371's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Zenken Dividend Yield vs Market
How does 7371 dividend yield compare to the market?
Segment
Dividend Yield
Company (7371)
3.3%
Market Bottom 25% (JP)
1.6%
Market Top 25% (JP)
3.2%
Industry Average (Media)
2.2%
Analyst forecast in 3 Years (7371)
n/a
Notable Dividend: 7371's dividend (3.28%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 7371's dividend (3.28%) is in the top 25% of dividend payers in the JP market (3.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.9%), 7371's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.9%), 7371's dividend payments are covered by cash flows.