LeTech Dividend
Dividend criteria checks 2/6
LeTech is a dividend paying company with a current yield of 2.73%. Next payment date is on 30th October, 2024 with an ex-dividend date of 30th July, 2024.
Key information
2.7%
Dividend yield
n/a
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 30 Oct 24 |
Ex dividend date | 30 Jul 24 |
Dividend per share | n/a |
Earnings per share | JP¥340.35 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3497 has been paying a dividend for less than 10 years.
Growing Dividend: 3497's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
LeTech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3497) | 2.7% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Real Estate) | 2.2% |
Analyst forecast in 3 Years (3497) | n/a |
Notable Dividend: 3497's dividend (2.73%) is higher than the bottom 25% of dividend payers in the JP market (1.6%).
High Dividend: 3497's dividend (2.73%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 3497's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8%), 3497's dividend payments are thoroughly covered by cash flows.