Urbanet CorporationLtd Dividend
Dividend criteria checks 4/6
UrbanetLtd is a dividend paying company with a current yield of 4.69% that is well covered by earnings. Next payment date is on 29th September, 2024 with an ex-dividend date of 27th June, 2024.
Key information
4.7%
Dividend yield
32%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 29 Sep 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥60.59 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Urbanet CorporationLtd (TSE:3242) Has Announced A Dividend Of ¥10.00
Apr 25
Urbanet CorporationLtd (TSE:3242) Has Affirmed Its Dividend Of ¥10.00
Mar 11Urbanet CorporationLtd's (TSE:3242) Dividend Will Be ¥10.00
Feb 26Recent updates
Urbanet CorporationLtd (TSE:3242) Has Announced A Dividend Of ¥10.00
Apr 25Urbanet CorporationLtd (TSE:3242) Has Affirmed Its Dividend Of ¥10.00
Mar 11Urbanet CorporationLtd's (TSE:3242) Dividend Will Be ¥10.00
Feb 26Do Urbanet CorporationLtd's (TYO:3242) Earnings Warrant Your Attention?
Mar 30These 4 Measures Indicate That Urbanet CorporationLtd (TYO:3242) Is Using Debt Extensively
Mar 08If You Had Bought Urbanet CorporationLtd's (TYO:3242) Shares A Year Ago You Would Be Down 28%
Feb 01Urbanet CorporationLtd (TYO:3242) Takes On Some Risk With Its Use Of Debt
Nov 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3242 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3242's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Urbanet CorporationLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3242) | 4.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Real Estate) | 2.2% |
| Analyst forecast in 3 Years (3242) | n/a |
Notable Dividend: 3242's dividend (4.69%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3242's dividend (4.69%) is in the top 25% of dividend payers in the JP market (3.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 3242's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.1%), 3242's dividend payments are thoroughly covered by cash flows.