Pacific NetLtd Dividend
Dividend criteria checks 4/6
Pacific NetLtd is a dividend paying company with a current yield of 2.74% that is well covered by earnings. Next payment date is on 2nd September, 2024 with an ex-dividend date of 30th May, 2024.
Key information
2.7%
Dividend yield
52%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 02 Sep 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥75.43 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3021's dividends per share have been stable in the past 10 years.
Growing Dividend: 3021's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pacific NetLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3021) | 2.7% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (Specialty Retail) | 1.4% |
| Analyst forecast in 3 Years (3021) | 2.7% |
Notable Dividend: 3021's dividend (2.74%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3021's dividend (2.74%) 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 (52.5%), 3021's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3021 is paying a dividend but the company has no free cash flows.