ASKA Pharmaceutical HoldingsLtd Dividend
Dividend criteria checks 4/6
ASKA Pharmaceutical HoldingsLtd is a dividend paying company with a current yield of 2.35% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.3%
Dividend yield
15%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥50.000 |
| Earnings per share | JP¥260.86 |
| Future Dividend Yield | 2.7% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4886's dividends per share have been stable in the past 10 years.
Growing Dividend: 4886's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ASKA Pharmaceutical HoldingsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4886) | 2.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Pharmaceuticals) | 2.2% |
| Analyst forecast (4886) (up to 3 years) | 2.7% |
Notable Dividend: 4886's dividend (2.35%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 4886's dividend (2.35%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.3%), 4886's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (4292.3%), 4886's dividend payments are not well covered by cash flows.