Renesas Electronics Corporation

TSE:6723 Stock Report

Market Cap: JP¥3.6t

Renesas Electronics Dividends and Buybacks

Dividend criteria checks 2/6

Renesas Electronics is a dividend paying company with a current yield of 1.38% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th December, 2024.

Key information

1.4%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield1.4%
Future Dividend Yield1.8%
Dividend Growthn/a
Next dividend pay date31 Mar 25
Ex dividend date27 Dec 24
Dividend per shareJP¥28.000
Payout ratio19%

Recent dividend and buyback updates

Recent updates

Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00

Dec 16
Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00

Renesas Electronics (TSE:6723) Is Paying Out A Dividend Of ¥28.00

Dec 02
Renesas Electronics (TSE:6723) Is Paying Out A Dividend Of ¥28.00

Subdued Growth No Barrier To Renesas Electronics Corporation's (TSE:6723) Price

Nov 30
Subdued Growth No Barrier To Renesas Electronics Corporation's (TSE:6723) Price

Renesas Electronics (TSE:6723) Has Affirmed Its Dividend Of ¥28.00

Nov 17
Renesas Electronics (TSE:6723) Has Affirmed Its Dividend Of ¥28.00

Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00

Nov 03
Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00

Renesas Electronics (TSE:6723) Is Looking To Continue Growing Its Returns On Capital

Oct 28
Renesas Electronics (TSE:6723) Is Looking To Continue Growing Its Returns On Capital

Is There An Opportunity With Renesas Electronics Corporation's (TSE:6723) 49% Undervaluation?

Oct 13
Is There An Opportunity With Renesas Electronics Corporation's (TSE:6723) 49% Undervaluation?

At JP¥2,106, Is It Time To Put Renesas Electronics Corporation (TSE:6723) On Your Watch List?

Sep 15
At JP¥2,106, Is It Time To Put Renesas Electronics Corporation (TSE:6723) On Your Watch List?

Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet

Aug 16
Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet

Slammed 31% Renesas Electronics Corporation (TSE:6723) Screens Well Here But There Might Be A Catch

Aug 03
Slammed 31% Renesas Electronics Corporation (TSE:6723) Screens Well Here But There Might Be A Catch

Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Jul 28
Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next

Renesas Electronics (TSE:6723) Might Have The Makings Of A Multi-Bagger

Jul 25
Renesas Electronics (TSE:6723) Might Have The Makings Of A Multi-Bagger

Renesas Electronics Corporation (TSE:6723) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jun 09
Renesas Electronics Corporation (TSE:6723) Shares Could Be 20% Below Their Intrinsic Value Estimate

Should You Investigate Renesas Electronics Corporation (TSE:6723) At JP¥2,896?

May 26
Should You Investigate Renesas Electronics Corporation (TSE:6723) At JP¥2,896?

With Renesas Electronics Corporation (TSE:6723) It Looks Like You'll Get What You Pay For

May 11
With Renesas Electronics Corporation (TSE:6723) It Looks Like You'll Get What You Pay For

Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28
Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Investors Will Want Renesas Electronics' (TSE:6723) Growth In ROCE To Persist

Apr 24
Investors Will Want Renesas Electronics' (TSE:6723) Growth In ROCE To Persist

Is Renesas Electronics (TSE:6723) Using Too Much Debt?

Apr 10
Is Renesas Electronics (TSE:6723) Using Too Much Debt?

Upcoming Dividend Payment

TodayDec 21 2024Ex Dividend DateDec 27 2024Dividend Pay DateMar 31 202594 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

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
How does 6723 dividend yield compare to the market?
SegmentDividend Yield
Company (6723)1.4%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Semiconductor)1.7%
Analyst forecast (6723) (up to 3 years)1.8%

Notable Dividend: 6723's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).

High Dividend: 6723's dividend (1.38%) is low compared to the top 25% of dividend payers in the JP market (3.85%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.8%), 6723's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.6%), 6723's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 09:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Renesas Electronics Corporation is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Scott FosterBNP Paribas Securities (Asia)
Mikio HirakawaBofA Global Research