Digital Arts Dividend
Dividend criteria checks 3/6
Digital Arts is a dividend paying company with a current yield of 1.69% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.7%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥85.000 |
| Earnings per share | JP¥317.39 |
| Dividend yield forecast | 2.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2326's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2326's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Digital Arts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2326) | 1.7% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (Software) | 1.2% |
| Analyst forecast (2326) (up to 3 years) | 2.3% |
Notable Dividend: 2326's dividend (1.69%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.8%).
High Dividend: 2326's dividend (1.69%) is low compared to the top 25% of dividend payers in the JP market (3.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 2326's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 2326's dividend payments are covered by cash flows.