Needs Well Dividends and Buybacks
Dividend criteria checks 3/6
Needs Well is a dividend paying company with a current yield of 3% that is well covered by earnings. Next payment date is on 24th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.0%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.0% |
| Next dividend pay date | 24 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | JP¥9.000 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3992 has been paying a dividend for less than 10 years.
Growing Dividend: 3992's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Needs Well Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3992) | 3.0% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (3992) (up to 3 years) | n/a |
Notable Dividend: 3992's dividend (3%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 3992's dividend (3%) 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 (26.8%), 3992's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.6%), 3992's dividend payments are covered by cash flows.