Innovation HoldingsLTD Dividend
Dividend criteria checks 2/6
Innovation HoldingsLTD is a dividend paying company with a current yield of 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥21.000 |
| Earnings per share | JP¥39.41 |
| Dividend yield forecast | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3484 has been paying a dividend for less than 10 years.
Growing Dividend: 3484's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Innovation HoldingsLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3484) | 2.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Real Estate) | 2.6% |
| Analyst forecast (3484) (up to 3 years) | 2.6% |
Notable Dividend: 3484's dividend (2.19%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3484's dividend (2.19%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), 3484's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92%), 3484's dividend payments are not well covered by cash flows.