Digital Information Technologies Dividends and Buybacks
Dividend criteria checks 3/6
Digital Information Technologies is a dividend paying company with a current yield of 2.82% that is well covered by earnings. Next payment date is on 7th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 18.8% |
| Next dividend pay date | 07 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | JP¥60.000 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Digital Information Technologies' (TSE:3916) Dividend Will Be Increased To ¥30.00
Oct 10
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 15Recent updates
Digital Information Technologies' (TSE:3916) Dividend Will Be Increased To ¥30.00
Oct 10Is Now An Opportune Moment To Examine Digital Information Technologies Corporation (TSE:3916)?
Aug 06Digital 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 26Upcoming Dividend Payment
Stability 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) | 2.8% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (IT) | 1.4% |
| Analyst forecast (3916) (up to 3 years) | 3.5% |
Notable Dividend: 3916's dividend (2.82%) is higher than the bottom 25% of dividend payers in the JP market (1.81%).
High Dividend: 3916's dividend (2.82%) is low compared to the top 25% of dividend payers in the JP market (3.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 3916's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), 3916's dividend payments are covered by cash flows.