WingArc1st Dividends and Buybacks
Dividend criteria checks 3/6
WingArc1st is a dividend paying company with a current yield of 2.6% that is well covered by earnings.
Key information
2.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 9.3% |
| 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) | 2.6% |
| Market Bottom 25% (JP) | 1.8% |
| Market Top 25% (JP) | 3.8% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (4432) (up to 3 years) | 3.3% |
Notable Dividend: 4432's dividend (2.6%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4432's dividend (2.6%) is low compared to the top 25% of dividend payers in the JP market (3.8%).
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.