Digital Information Technologies Dividend
Dividend criteria checks 3/6
Digital Information Technologies is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
17%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | JP¥106.90 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Digital Information Technologies (TSE:3916) Will Pay A Dividend Of ¥23.00
Jun 21
Digital Information Technologies (TSE:3916) Is Due To Pay A Dividend Of ¥23.00
Apr 25Digital Information Technologies' (TSE:3916) Dividend Will Be ¥23.00
Mar 29Digital Information Technologies (TSE:3916) Has Announced A Dividend Of ¥23.00
Mar 15Recent updates
Digital Information Technologies (TSE:3916) Will Pay A Dividend Of ¥23.00
Jun 21Digital Information Technologies (TSE:3916) Is Due To Pay A Dividend Of ¥23.00
Apr 25Digital Information Technologies' (TSE:3916) Dividend Will Be ¥23.00
Mar 29Digital Information Technologies (TSE:3916) Has Announced A Dividend Of ¥23.00
Mar 15Digital Information Technologies (TSE:3916) Will Pay A Dividend Of ¥23.00
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3916 has been paying a dividend for less than 10 years.
Growing Dividend: 3916's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Digital Information Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3916) | 2.5% |
| Market Bottom 25% (JP) | 1.7% |
| Market Top 25% (JP) | 3.4% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (3916) | 3.1% |
Notable Dividend: 3916's dividend (2.47%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 3916's dividend (2.47%) is low compared to the top 25% of dividend payers in the JP market (3.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), 3916's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.6%), 3916's dividend payments are covered by cash flows.