System Support Dividend
Dividend criteria checks 3/6
System Support is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
34%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥48.000 |
| Earnings per share | JP¥118.24 |
| Dividend yield forecast | 3.2% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4396 has been paying a dividend for less than 10 years.
Growing Dividend: 4396's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| System Support Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4396) | 2.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.7% |
| Industry Average (IT) | 1.4% |
| Analyst forecast (4396) (up to 3 years) | 3.2% |
Notable Dividend: 4396's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.79%).
High Dividend: 4396's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), 4396's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.6%), 4396's dividend payments are well covered by cash flows.