WingArc1st Dividend
Dividend criteria checks 3/6
WingArc1st is a dividend paying company with a current yield of 3.2% that is well covered by earnings. Next payment date is on 13th November, 2024 with an ex-dividend date of 29th August, 2024.
Key information
3.2%
Dividend yield
51%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | 13 Nov 24 |
Ex dividend date | 29 Aug 24 |
Dividend per share | JP¥84.000 |
Earnings per share | JP¥154.40 |
Dividend yield forecast in 3Y | 4.3% |
Upcoming Dividend Payment
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 3 years.
Dividend Yield vs Market
WingArc1st Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (4432) | 3.2% |
Market Bottom 25% (JP) | 1.8% |
Market Top 25% (JP) | 3.7% |
Industry Average (Software) | 1.4% |
Analyst forecast in 3 Years (4432) | 4.3% |
Notable Dividend: 4432's dividend (3.2%) is higher than the bottom 25% of dividend payers in the JP market (1.83%).
High Dividend: 4432's dividend (3.2%) is low compared to the top 25% of dividend payers in the JP market (3.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 4432's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43%), 4432's dividend payments are well covered by cash flows.