Digital Arts Dividend
Dividend criteria checks 3/6
Digital Arts is a dividend paying company with a current yield of 1.55% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.5%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 6.5% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥85.000 |
| Payout ratio | 13% |
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) | 1.5% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (2326) (up to 3 years) | 2.1% |
Notable Dividend: 2326's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 2326's dividend (1.55%) is low compared to the top 25% of dividend payers in the JP market (3.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.9%), 2326's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.7%), 2326's dividend payments are covered by cash flows.