Ascot Dividend
Dividend criteria checks 2/6
Ascot is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
66%
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¥4.51 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3264 has been paying a dividend for less than 10 years.
Growing Dividend: 3264 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Ascot Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3264) | 2.3% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Real Estate) | 2.2% |
Analyst forecast in 3 Years (3264) | n/a |
Notable Dividend: 3264's dividend (2.26%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3264's dividend (2.26%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), 3264's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3264 is paying a dividend but the company has no free cash flows.