CHANGE HoldingsInc Dividend
Dividend criteria checks 2/6
CHANGE HoldingsInc is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
7%
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¥99.72 |
| Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3962 has been paying a dividend for less than 10 years.
Growing Dividend: 3962's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| CHANGE HoldingsInc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3962) | 1.0% |
| Market Bottom 25% (JP) | 1.6% |
| Market Top 25% (JP) | 3.2% |
| Industry Average (IT) | 1.5% |
| Analyst forecast in 3 Years (3962) | 1.0% |
Notable Dividend: 3962's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.59%).
High Dividend: 3962's dividend (1.02%) is low compared to the top 25% of dividend payers in the JP market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7%), 3962's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14%), 3962's dividend payments are thoroughly covered by cash flows.