CHANGE HoldingsInc Dividends and Buybacks
Dividend criteria checks 2/6
CHANGE HoldingsInc is a dividend paying company with a current yield of 1.21% that is well covered by earnings. Next payment date is on 27th June, 2025 with an ex-dividend date of 28th March, 2025.
Key information
1.2%
Dividend yield
5.2%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 47.9% |
| Next dividend pay date | 27 Jun 25 |
| Ex dividend date | 28 Mar 25 |
| Dividend per share | JP¥14.500 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
CHANGE Holdings,Inc.'s (TSE:3962) Shares May Have Run Too Fast Too Soon
Dec 12
There May Be Some Bright Spots In CHANGE HoldingsInc's (TSE:3962) Earnings
Nov 21These 4 Measures Indicate That CHANGE HoldingsInc (TSE:3962) Is Using Debt Safely
Sep 05More Unpleasant Surprises Could Be In Store For CHANGE Holdings,Inc.'s (TSE:3962) Shares After Tumbling 33%
Aug 06CHANGE HoldingsInc (TSE:3962) Could Be Struggling To Allocate Capital
Jun 17CHANGE HoldingsInc's (TSE:3962) Earnings Offer More Than Meets The Eye
May 22Take Care Before Jumping Onto CHANGE Holdings,Inc. (TSE:3962) Even Though It's 26% Cheaper
Mar 18CHANGE HoldingsInc (TSE:3962) Will Pay A Larger Dividend Than Last Year At ¥12.50
Mar 11Upcoming Dividend Payment
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 3 years.
Dividend Yield vs Market
| CHANGE HoldingsInc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3962) | 1.2% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (IT) | 1.4% |
| Analyst forecast (3962) (up to 3 years) | 1.2% |
Notable Dividend: 3962's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.84%).
High Dividend: 3962's dividend (1.21%) is low compared to the top 25% of dividend payers in the JP market (3.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 3962's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 3962's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:29 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CHANGE Holdings,Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takeshi Saito | Credit Suisse |
| Kaname Fujita | Ichiyoshi Research Institute Inc. |
| Tomoya Nakajima | Marusan Securities Co. Ltd. |