Watts Dividend
Dividend criteria checks 2/6
Watts is a dividend paying company with a current yield of 2.22% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥29.93 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2735's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2735's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Watts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2735) | 2.2% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Multiline Retail) | 1.3% |
| Analyst forecast in 3 Years (2735) | n/a |
Notable Dividend: 2735's dividend (2.22%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 2735's dividend (2.22%) is low compared to the top 25% of dividend payers in the JP market (3.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), 2735's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2735 is paying a dividend but the company has no free cash flows.