Synclayer Dividend
Dividend criteria checks 4/6
Synclayer is a dividend paying company with a current yield of 2.25% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.2%
Dividend yield
27%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 30 Aug 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | JP¥93.27 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Like These Underlying Return On Capital Trends At Synclayer (TYO:1724)
Apr 14
Is It Worth Buying Synclayer Inc. (TYO:1724) For Its 1.3% Dividend Yield?
Mar 15Does Synclayer's (TYO:1724) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 22Is Synclayer (TYO:1724) Using Too Much Debt?
Feb 04
Will Synclayer's (TYO:1724) Growth In ROCE Persist?
Jan 14Be Sure To Check Out Synclayer Inc. (TYO:1724) Before It Goes Ex-Dividend
Dec 24Is Synclayer Inc. (TYO:1724) A Smart Pick For Income Investors?
Dec 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1724's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1724's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Synclayer Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1724) | 2.2% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (1724) | n/a |
Notable Dividend: 1724's dividend (2.25%) is higher than the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 1724's dividend (2.25%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 1724's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.4%), 1724's dividend payments are thoroughly covered by cash flows.