Mainichi Comnet Dividends and Buybacks
Dividend criteria checks 6/6
Mainichi Comnet is a dividend paying company with a current yield of 4.29% that is well covered by earnings. Next payment date is on 6th February, 2025 with an ex-dividend date of 28th November, 2024.
Key information
4.3%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.1% |
| Next dividend pay date | 06 Feb 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | JP¥31.000 |
| Payout ratio | 53% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8908's dividends per share have been stable in the past 10 years.
Growing Dividend: 8908's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mainichi Comnet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8908) | 4.3% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Real Estate) | 2.7% |
| Analyst forecast (8908) (up to 3 years) | n/a |
Notable Dividend: 8908's dividend (4.29%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 8908's dividend (4.29%) is in the top 25% of dividend payers in the JP market (3.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), 8908's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.4%), 8908's dividend payments are covered by cash flows.