Renesas Electronics Dividend
Dividend criteria checks 2/6
Renesas Electronics is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
16%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JP¥175.16 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6723's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6723's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Renesas Electronics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6723) | 1.1% |
Market Bottom 25% (JP) | 1.6% |
Market Top 25% (JP) | 3.2% |
Industry Average (Semiconductor) | 1.0% |
Analyst forecast in 3 Years (6723) | 1.4% |
Notable Dividend: 6723's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 6723's dividend (1.07%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.9%), 6723's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), 6723's dividend payments are thoroughly covered by cash flows.