WingArc1st Dividends and Buybacks
Dividend criteria checks 3/6
WingArc1st is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 8.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JP¥87.200 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4432 has been paying a dividend for less than 10 years.
Growing Dividend: 4432's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| WingArc1st Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4432) | 2.4% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (4432) (up to 3 years) | 3.1% |
Notable Dividend: 4432's dividend (2.43%) is higher than the bottom 25% of dividend payers in the JP market (1.82%).
High Dividend: 4432's dividend (2.43%) is low compared to the top 25% of dividend payers in the JP market (3.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.9%), 4432's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.4%), 4432's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:46 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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 |
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* 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
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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
WingArc1st Inc. is covered by 5 analysts. 2 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 |
|---|---|
| Kenichi Ito | Ichiyoshi Research Institute Inc. |
| Teruo Isozaki | Ichiyoshi Research Institute Inc. |
| Hiroto Segawa | Morgan Stanley |